Negative indications (as previously pointed out): The downtrend line at the very top, the broken long term uptrend line from March, the very length of the uptrend from March, the…
Nailing chart patterns as they develop is akin to sawing naked ladies in half without drawing blood. The market will always have the last word (you may remember the supposed…
Here are the present considerations in analyzing the Dow: The Dow is supported by two trendlines, both of which are penetrated, but not decisively. Momentum is decisively down, but as…
3 -- 572.25 -- 5.33 -- 50 Three days. 572.25 points. 5.33%. Closed below the 50 day low. 50 day. Technicians who know about systems know about the famous Turtle…
As may be seen here in the second chart a trend break is occurring in a 28 day uptrend. In the first chart we can see that the trendline from…
