S&P 500: Upper-1830’s 1st Near-Term Support Level of Significance
Key short-term Fibonacci Retracement lines from the October and February lows, the 50-day SMA and the pivot level between the December-January tops and the February-March…
SOTD-4/7/14 NYSE & Nasdaq Advancing Issues Dropping Each Day, Mon-Fri
Today’s Stat Of The Day is interesting and surprising…though perhaps not especially helpful. Last week, there were fewer advancing issues on both the NYSE and…
UPDATE: Australian Dollar ($FXA) >93, Up 3% Since 2/19 ChOTD “Bottom” Post
On February 19, our Chart of the Day was the potential bottom in the CurrencyShares Australian Dollar ($FXA). Since then, FXA is up 3% and hit…
ChOTD-4/4/14 Canadian Dollar ($FXC) Putting In A Bottom?
Following the Australian Dollar’s example (up 2% since our 2/19 post), the CurrencyShares Canadian Dollar ($FXC) may be in a bottoming process. After a false breakdown…
Employment:Population Ratio Suggests Underlying Labor Market Weakness Our standby “Jobs Friday” chart once again shows that while there has been improvement in the unemployment rate…
Italian Stocks: Long-Term, still buono; Short-Term, may pause here
We’ve been touting the move in Italian stocks all year as they have been essentially bulletproof. There are a few minor concerns in the short-term…
ChOTD-4/3/14 S&P Latin America: Hitting Picture Perfect Fib Retr Cluster; Will Hopeful Buyers Get Their Pullback?
We wanted to post about the turn in Latin American stocks for the past month but never got the chance. In January, a false breakdown…
ChOTD-4/2/14 PowerShares Agriculture $DBA: Double Inside Week @ Major Fib Retr Cluster
The PowerShares Agriculture Fund ($DBA) is forming a double inside week (and possible bull pennant) right at a major Fibonacci Retracement resistance cluster from the…
ChOTD-4/1/14 Nikkei 225 Following Ugly ’07 Precedent
In December, we posted a popular chart highlighting the Nikkei 225’s attempt to break out above its epic 20-year old down trendline (http://stks.co/h04Te): 3 months…
$GILD, $FB & $TSLA Each Doing Battle Today @ the Levels We Highlighted Last Week
Last week, we profiled 3 stocks, $GILD, $FB and $TSLA that were trading near major Fibonacci retracement support clusters. Today, they are each continuing to…