Tag: technical analysis
Gold Prices Coiling: Wait For Resolution
After a tradable breakout above $1275, Gold prices ran back up to $1390 before retreating.  But that retreat turned into a quick tumble, as Gold...
SPX Technical Update For May 20
As the market continues to be choppy and rangebound, it certainly seems to be following certain levels. The S&P 500 is currently pushing up...
Wheat Futures Lower On Harmonic Pattern Sell Signal
When doing technical research, we all have some version of a "holy grail" trading setup in our minds. For me, that setup came together...
Celgene (CELG) At Technical Crossroads
Despite the excitement surrounding the S&P 500 briefly touching all-time highs on Monday, the market has yet to demonstrate proper follow-thru or confirmation that...
Stock Market Hits New Highs, But Lack of Confirmation Concerning
While the S&P 500 breaks through 1900 and traders rejoice over the fresh new high, it seems the same level of excitement is not...
Market Divergences A Part Of Price Discovery Process
Over the past few weeks, several posts and analyses have emerged about market divergences, here and around the social blogosphere. From new highs vs...
S&P 500 Technical Update: Tuesday Whose-day?
Lots of chatter about the strength of Tuesday in 2014. According to Ryan Detrick, Tuesday's are up 9.25% this year. Â And according to J....
5 Charts For Gold Investors: Follow The Yellow Brick Road
Gold prices have been chopping in a big sideways range for the past 10 months, leaving gold investors to ponder two very important questions:...
Semiconductor Sector On Watch: Short-Term Pressure Mounts
There have been some interesting developments in the semiconductor sector that I think are worth mentioning. Â Moreover, I think recent moves in this space...
S&P 500 Weekend Update: Uncertainty Keeps Markets Choppy
As the market chop continues, so does the uncertainty. This isn't necessarily a bad thing (nor a good thing). It just means that market...