List/Grid Technical Analysis Subscribe RSS feed of category Technical Analysis

Daily Breakdown and Weekly Support for US Dollar Index after the Fed

True to expectation, an outcome of “No Taper” from the Federal Reserve sent the US Dollar Index breaking a critical support level on the charts. Let’s take a look at the Daily ...

Flexible Migration Strategy

Investors Flee Bond Fund When the world’s largest bond fund sees over $7 billion in net outflows, it tells us the tide may have turned against the bond market bulls. From Bloomberg: The ...

Textbook Bearish Rising Wedge Hewlet Packard (HPQ)

For traders new to trading chart patterns, a textbook example of the Bearish Rising Wedge pattern developed in textbook fashion which can serve as an excellent real-world example for ...

What Thursday’s Unfilled Gap Down & Poor Close Suggest For The Next 2 Weeks

The study below is one that I have shown before, but not for a while.  It looks at days like Thursday where SPY posts an unfilled gap down that closes poorly while the market is in ...

Can Bears Capitalize On Fed-Induced Momentum?

The Fed has taken extreme measures to kick start the economy. With fears of inflating another round of asset bubbles increasing, public statements from Fed governors in recent weeks ...

August Trendlines for the US Dollar Index

Here’s a quick update regarding the conflicting trendlines for the US Dollar Index along with a weekly trendline which may be standing in the way of a daily “Broadening Formation” ...

Apple AAPL Trading into Overlapping Resistance Target

After a stellar rally from the recent lows – and a ’rounded reversal pattern’ – Apple (AAPL) shares have achieved a confluence upside price target which now becomes the focal ...

Weekly Charts Holding Up Well

While there is no question we have some concerns in the form of slowing momentum, the damage to weekly charts is minimal. The S&P 500 does not look as good as the NASDAQ, but ...

Scared of Stocks? There Are Ways To Monitor Risk

The equity side of Wall Street coined the term great rotation to describe what they hoped would be a mass migration by investors from bonds to stocks. Many investors have not forgotten ...

The 3-Day Pattern That Suggests A Bearish Edge For Today

The last 3 days have created an interesting setup.  Thursday SPY made a new 50-day closing high.  Friday SPY posted an inside day.  And then Monday was another 50-day closing high. ...