Belaboring the obvious–downwave ends.
Power bars like this almost invariably mark the end of downwaves. Meaning traders who are short will now see their profits eaten if they don't reverse. It is largely a…
Technical Analysis of Stock Trends
Power bars like this almost invariably mark the end of downwaves. Meaning traders who are short will now see their profits eaten if they don't reverse. It is largely a…
All the omens are bad -- said the Delphic oracle to Cyrus... The Dow Theory just threw off a sell signal, the long term trendlines from March 09 (!) are…
The trendline from March 09 is broken. As we have said repeatedly, trendline breaks always have consequences. Some of the minor trendlines were already broken (obviously -- and the harbingers…
The silver and gold markets appear to have stabilized and to be buyable. We’re not wild about the abg-z pattern, but such as it is it seems positive for reestablishing…
Here's the long and the short of it. Top chart, market since March 09 showing the long term trendline. As we see in the lower chart the short term trendline…