Stocks fell sharply in September with the S&P 500 SPDR (SPY) breaking below its August low. Chartists can now use this low as a benchmark low to gauge relative performance.…
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Stock
Last week wasn’t the most optimistic on Wall Street. Even though the US economy is growing, Federal Reserve Chairman Jerome Powell’s comments after the Fed meeting weren’t what investors wanted…
The stock market suddenly has the look of a wounded prize fighter. And the bond market is bordering on being dysfunctional. In a word, the market is disoriented. Disorientation leads…
It’s almost impossible to call market tops and market bottoms using basic technical analysis tools like price and volume. Don’t get me wrong, that combination is my favorite during trend-following…
In the previous technical note, it was mentioned that the markets are prone to some consolidation and corrective retracements due to the technical setup on the charts. It was also…
There’s no denying that we’ve seen signs of distribution from key stocks like Apple, Inc. (AAPL) and Tesla (TSLA) breaking down to breadth conditions that have become less bullish by…
This week I appeared with David Keller on Stockcharts Final Bar. We discussed how the market is at a precipice. And no doubt, the words I wrote on April 20th…
First of all, my apologies for everybody who has been waiting for a Sector Spotlight this week. I traveled back from the US on Monday, got caught up in working…
In this edition of the GoNoGo Charts show, with rates gapping higher and breaking above resistance, Alex and Tyler walk through the macro charts that can have an impact on…
The proponents of Bitcoin (BTC) and other cryptocurrencies have long argued that it is like gold, serving as another venue for storing your wealth and not having it subject to…