Tag: technical analysis
Gold Sentiment, Price Cycles Point To Higher Prices In 2014
Precious metals began 2014Â as one of the best asset classes to be in. But since mid-march, Gold prices have drifted lower, retracing more than...
Small Cap Stocks In Focus: Russell 2000 Resistance Looms Large
The first sign of relative weakness in the equities market showed up in the form of risk-off for high beta stocks. These included small cap...
The Anatomy Of A Bearish Bat Pattern: The Nasdaq Composite
As the market reverses course today, I thought it would be important to post a harmonic pattern on the NASDAQ Composite that I've been following:...
S&P 500 Stretched, But Time And Price Wearing Bears Down
It was 12 sessions ago that the S&P 500 broke out above 1900. And considering that the index closed today at 1943 (or just 2.3% above...
The Importance Of Trend Lines In Price Confirmation
As a technical analyst I rely on price to lead my bias. To help find interesting setups in price I use various indicators and second derivative...
S&P 500 Technical Update: Putting Price Targets In Perspective
After a few days of slow-go consolidation, the S&P 500 is thrusting higher again today. Although it is just 2 percent above the breakout plateau...
Mapping The S&P 500: Fibonacci Price Targets and Timing Considerations
This week's breakout on the S&P 500 has gotten plenty of attention. The index just continues to shake off pullbacks and grind higher. Is...
Breakouts and Breakdowns: Chart Setups To Watch
Heading into the holiday weekend, it was clear that this week would produce some interesting price movement on the major indices and across select asset...
Market Snapshot: Major Indices Near ‘Big’ Levels
As many investors begin to prepare for the long holiday weekend, the major indices are nearing a critical juncture. Is a breakout coming. Or...
Are Japanese Markets Signaling Risk Off?
If there's any developed market evocative of the shift in tone between 2013 and 2014, it's Japanese Equities. After a blistering 57% rise (it's...