Chartology: Corn Spot Prices Eyeing Fibonacci Supports
Weeks ago, as Corn prices were racing higher, I started to look at the daily and weekly charts to see if Corn prices may...
This Chart Says It All: Gold vs Equities vs The Dollar
By Andrew Nyquist
Below is a chart showing the relative outperformance of Gold and the S&P 500 vs the US Dollar since the June bottom in equities.
What's...
Chartology: Apple (AAPL) 680 Important Near Term
After bursting higher last Monday and reversing lower for the next several days, Apple (AAPL) nearly touched its .382 fib before reversing back higher...
The VIX is in: Breakout Fakeout
After creeping higher for much of the back half of August, the Volatility Index (VIX) reversed lower on Tuesday and kept going... nearly 5...
Chartology: Is Groupon (GRPN) Nearing a Tradable Bottom?
By Andrew Nyquist
Since its IPO, Groupon (GRPN) has basically been a lead weight. Investors have been beaten to a pulp and many are wondering if...
Chartology: Apple (AAPL) Technical Update
Apple (AAPL) was faded for much of last week raising short term concerns about the number of "new" longs that may have been trapped...
Chartology: German DAX Technical Update
As per usual, the world is asked to wait and wait a little longer on Europe (see previous DAX chartology). The market lost some...
Chartology: Gold (GLD) Prices Break to 5 Month Highs
Not to be outdone by its glitter twin Silver, Gold (GLD) followed suit, breaking higher to new 5 month highs while poking its head...
Chartology: Silver (SLV) Breakout
Silver (SLV) rocketed higher pushing to the 30.75 resistance level that I mentioned in my previous technical update. However, considering the way it burst...
Chartology: S&P 500 Set to Battle Bernanke and Jackson Hole
After breaking down through near-term trend line support, the S&P 500 backtested the trend line, failed, and moved lower. The setup calls for lower...