Tag: stock market analysis

By Andrew Nyquist The Dow Jones Transportation Average is back on the 38.2 Fibonacci retracement magnet. It's actually a bit surreal because my previous blog on the Transports...

By Brad Tompkins I was running through some charts late yesterday and noticed that IWM (Russell 2000 iShares) is nearing an important support/resistance confluence zone. The reaction over...

By Andrew Nyquist The gentle pullback came to an abrupt end this week in the financial markets. What was a nice easy pullback above key supports...

By Andrew Nyquist Pretty heavy market lately. In late October I posted a blog with charts showing some key support levels for active investors to focus...

By Andrew Nyquist Copper has had a rough go of it lately. As the global financial markets have pulled in, Copper prices have dropped roughly 9...

By Andrew Nyquist It's not coincidence that the Bank Index pulled back, sometimes leading the general market lower. For this reason, it's always good for investors...

By Andrew Nyquist It been a chop and drop, grind lower type of market. And for traders, that's tough... especially those trying to enter swing long...

By Andrew Nyquist The past six weeks have been an interesting ride full of crosscurrents and cautionary tales in the financial markets. Rewind to the week of...

By Andrew Nyquist After charging higher, the German DAX composite index has spent the past five weeks consolidating gains. This action is reminiscent of a flag...

By Andrew Nyquist Last week, I provided an update on the Nasdaq 100 technical patterning offering up two likely support targets. The first target was for...