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…
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH).…
On Thursday afternoon, I dove into the StockChartsTechnicalRank (SCTR) Reports to scout out a good ETF during a mixed…
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a…
This week, the market appeared to shift dramatically from “stalling out at all-time highs” to more of a “big…
In this StockCharts TV video, Mary Ellen reviews the current downtrend taking place in the S&P 500 and Nasdaq, and…
After a week of wavering action, the stock market made a directional move—a lot lower—after Friday’s jobs data. Investors…
When the stock market is hobbling along, trying to determine whether the recent jobs and manufacturing data are good…