Chartology: FFIV Back at Critical Support Again
By Andrew Nyquist
Quick update on F5 Networks (FFIV) stock as it nears its long term uptrend line: Similar congestion happening now as last spring. This...
Chartology: Nasdaq 100 Technical Update
By Andrew Nyquist
Over a week and a half ago, I honed in on the Nasdaq 100 and the importance of lateral support around 2775-2800. At...
Chartology: Goldman Sachs Eyeing 130 Again?
By Andrew Nyquist
The banks have been a big part of the summer rally, reminding us of the days of yore (sarcasm) when the banks would...
Silver Knockin On Fibonacci’s Door
By Andrew Nyquist
Since breaking out above its downtrend line, Silver (SLV) has rallied to the key Fibonacci retracement level of 38.2 percent ($34.12). This level...
Gold Consolidation Continues Near Key Resistance
By Andrew Nyquist
Consolidation is A-Okay with Gold (GLD) bulls. Or at least it should be. In fact, a quick low volume move lower may assist in...
Chartology: Watch the Banks this Week
By Andrew Nyquist
After topping with other major market indices on Friday September 14th, the Bank Index (BKX) pulled back over 5% to lateral support... before...
Chartology: Apple (AAPL) Stock On the Ropes
By Andrew Nyquist
On Tuesday, Apple (AAPL) traded through pivot support around 660. As mentioned in my last update, the 50 day moving average was first...
Chartology: S&P 500 Breakout Pattern Set for New Highs?
By Andrew Nyquist
After breaking out above the 1420 level, the S&P 500 ran to 1474... and quickly. Most breakouts tend to get a bit euphoric...
Chartology: Nasdaq 100 (NDX) Bounces Off Key Technical Support
By Andrew Nyquist
After slipping out of a mini rising wedge pattern in August, the Nasdaq 100 continued it's ascent higher, forming another more macro rising...
Chartology: Utilities Sector (XLU) Showing Strength
As the market peaks its head up near the top of the two week range, the Utilities Sector (XLU) is outperforming. And this typically is...
