Chartology: Forex Pairs On Watch
Like equity markets, foreign exchange is replete with major patterns poised to break out or break down in the near-term. Here's a wide-ranging, multi...
S&P 500 Update: Technical Support Levels In Focus
Yesterday, the markets confirmed that the markets are in a state of chop. Some could say that a smack down is in the offing,...
Chartology: Global Equity Indices on Watch
Yesterday's near global stock sell off pulled some equity indices back into resistance zones early March seemed to extricate them from, while others saw...
Investors: Why Crude Oil Prices May Dictate Market Action
The U.S. equities market sputters along, and despite global uncertainty in Asia and now the crisis in the Ukraine, the trend is still up....
November Soybeans Go Vertical: In Need Of Consolidation
November Soybeans are enjoying a nice multi-week rally. Similar to other Ag commodities, this rally comes on the heels of several months of pain. To...
December Corn Prices Rallying Into Technical Resistance
In mid-January, I wrote a post about Corn prices nearing important technical support. As with all my chartology posts, I try to cover levels...
US Dollar On The Brink?
I’m an avid watcher of the US Dollar. One of the reasons I like to monitor the US Dollar is because it can provide...
Risk-Off? Yen Crosses Open Sharply Lower
Japanese Yen crosses opened trade in New Zealand and Sydney on Monday morning with a sharp opening drop, with AUD/JPY leading on a 50...
Crude Oil Spikes, Spills but Up-Trend Remains Intact
WTI Crude Oil (CL) opened the week trading aggressively higher, reflexively spurred through $104/bbl as traders responded to derivative supply concerns in the wake...
Chartology: XLB, XLV, IBB, ISIS, GILD, BAC, SCTY, MSFT, EUR/USD
Here's a small slice of those charts I'm looking at as another trading week wraps up.
Market Cap Relative Strength
Relative strength across market capitalization remains...