The U.S. military has shot down the Chinese spy balloon over the Atlantic Ocean. While the balloon was off the coast of South Carolina, it was shot down by U.S.…
Chinese spy balloon approaches Atlantic, FAA issues ground stop as US considers shoot-down
The U.S. is considering a plan to shoot down the Chinese spy balloon once it crosses over the Atlantic Ocean, where it could fall without causing harm to anyone below…
Are the major stock indexes under Accumulation? If so, we Wyckoffians would expect an important Markup (uptrend) to follow. Accumulation is the process of large interests (known as Composite Operators)…
Last week, I wrote about how the Price Oscillator for gold futures had gotten up to a really high level and turned down, which was a bearish signal. It has taken…
Week Ahead: Markets Approaches Union Budget In A Bruised State; Expect Volatility To Remain High
As the week came to an end, the equity markets left behind a very eventful week. Two important events were expected to infuse volatility into the markets. The first one…
If you are having a hard time figuring out the market’s next moves, start by thinking about trading range. The 2023 Outlook spells out reasons for a 1000-point trading range…
While the technical analysis toolkit has certainly evolved over time, having benefitted from advances in computing and data analysis, in many ways, the tools of the modern technical analyst are…
The Nasdaq just booked its fifth consecutive weekly gain, which is the longest winning streak in over a year. The rally has occurred amid strong earnings reports from some major…
In this episode of StockCharts TV‘s The MEM Edge, the markets closed above key resistance in the S&P 500, which Mary Ellen reviews along with its impact. She also highlights rotation taking…
Kemp, Jones vow to hold rogue Georgia prosecutors accountable for giving criminals a pass
Republican Georgia Gov. Brian Kemp and Lt. Gov. Burt Jones are leading a charge by state officials to hold rogue prosecutors accountable for refusing to charge accused criminals with misdemeanors…