This Pattern Is Worth Watching
The bulls have been following the Santa Rally theme to a T and the index has not done much besides...
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Tag: Wedge
Forex
DXY to 160, No, But 91 Likely
DXY gained 1.69% last week to close at 89.84. That move printed an engulfing, bullish candlestick...
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A Breathtaking Run, Exhale, and Run Again – BABA
All stocks are subject to the law of Supply and Demand, and BABA is certainly no exception. On the...
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Bearish Wedge: Could The Dow Drop 1000 Points?
One of my favorite patterns to follow, are bullish and bearish wedges. They are very easy to...
Read MoreFutures
Gold Trade: Position For A Breakout From The Wedge
There are reasons on both sides of the bull and bear aisle to fuel the gold market’s future...
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Be Careful Of The Bearish Rising Wedge Pattern
The U.S. equity markets have been in a consolidation pattern for most of 2014. It is breaking out...
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Seize Wedge Opportunity In Gold
The recent action in gold off the charts suggests that gold is trading within a tight range....
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Rising Wedge: A New Swing For Euro/Dollar In 2014
The euro/dollar (EUR/USD) gained about 4.6% in 2013. But traders with technical approach will pay...
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Stay Away From SPY For Now
Stocks bounced sharply last Thursday and Friday as those who sold short into the impasse in...
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Should You Go Long $SPX? Measure Risk/Reward
Since we last published our “picking tops” article for TraderPlanet on August 2,...
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