ChOTD-4/16/14 Israel Stock Market: Cup-&-Handle Breakout…Or Rising Wedge?
The Israel TA-100 stock index has had a nice year thus far. After bumping against its 2011 all-time high a couple times in the past…
UPDATE: YEP! >> (4/9: Gold Miners Bear-Flagging?)
On April 9, we posted a chart pointing out a potential bear flag formation in the Market Vectors Gold Miners ETF, $GDX: http://stocktwits.com/message/21877528. The question of…
UPDATE: Tesla Motors $TSLA: Broke 1st Major Fibonacci Retracement Support Cluster ~206; Next Fib Cluster ~174
In our ChOTD of Tesla Motors $TSLA on March 28, we highlighted the 1st major Fibonacci retracement cluster of support around 206-209. It held that area for a few…
ChOTD-4/15/14 Relative Inverse ETF Volume Now At Fear Levels Marking Recent Lows
In last Friday’s ChOTD, we indicated that Relative Inverse ETF Volume (the percentage of volume traded in inverse ETF’s vs. total market volume) had not…
ChOTD-4/14/14 Russell 2000: Approaching 1st Major Int-Term Fibonacci Retracement Support Cluster
The Russell 2000 is nearing the first major intermediate-term cluster of Fibonacci Retracement support in the low 1100’s. The Fibonacci “trifecta” (23.6, 38.2 and 61.8)…
ChOTD-4/11/14 Relative Inverse ETF Volume Not Yet At Fear Levels
A great thing about investment innovation is the supply of new metrics with which to measure market conditions. One of our favorite new indicators, particularly…
ChOTD-4/10/14 This Level Has Been Key Initial Support On Pullbacks In Sector & Subsector SPDRs
It is said that much can be gleaned from studying the nature of a pullback. This includes identifying key levels or indicators the market is…
UPDATE: S&P 500 Held Upper-1830’s Level; Judging Bounce is Next Key
On Monday, we highlighted the upper-1830’s area as the first significant level of support in the S&P 500. That level held precisely. Now, the key…
ChOTD-4/9/14 Stock Market Down 1% Friday & Monday
In yesterday’s Stat Of The Day, we mentioned that on Friday and Monday, the S&P 500 fell at least 1% each day. This was the…
Biotech Knife-Catchers May Soon Get Their Chance ($XBI)
The SPDR Biotech ETF ($XBI) is nearing a major cluster of Fibonacci Retracement support around the 127 level. This may be the level from which…