After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending some indecisive sessions during the week. The week that went by saw some early signs of the Nifty entering into broad corrective consolidation while ending near its low point of the trading…
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a…
On Thursday afternoon, I dove into the StockChartsTechnicalRank (SCTR) Reports to scout out a good ETF during a mixed…
After a week of wavering action, the stock market made a directional move—a lot lower—after Friday’s jobs data. Investors…
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH).…
In this StockCharts TV video, Mary Ellen reviews the current downtrend taking place in the S&P 500 and Nasdaq, and…
In this exclusive StockCharts TV video, Joe shares how he identifies and trades a reversal pattern. Highlighting what causes…
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a…