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Friday was a clear victory for the Nasdaq Composite Index with a breakout to go along with higher volume accumulation and a close above the 200-day MA. Nasdaq technicals retained their net positivity...
The recent breakouts in the Nasdaq and Russell 2000 (via IWM) now find themselves on the wrong side of the support. There hasn't been a total collapse, selling volume was down in relation to Friday's...
After a positive Monday, U.S. indexes traded mostly sideways yesterday as the bears succeeded in preventing a broader follow-through rally. There was a decent buying volume and a more modest volume of...
It was an earlier-than-expected but welcome rally that closed the week out with indexes exhibiting bullish technicals and looking in good shape, even if it's a bit of a slow burn. The Nasdaq 100 has...
After a positive start to the year, U.S. indexes suddenly found themselves under a heavy bear attack this week. Yesterday, the hardest hit was the Dow Jones Industrial Average as it fell below the...
Markets edged towards a breakout in another day of buying. Buying volume was down on Thursday, but indexes are only a day or two away from significant breakouts. The Russell 2000 (IWM) made strong...
A pause in the New Year rally kept things on track without confirming any trends. The Nasdaq 100 had the best performance among major indexes, but, really, there wasn't much in it for any of the...
A healthy close to Friday's action saw confirmed accumulation across leading indexes, but not all managed to escape their trading ranges. The Dow Jones Industrial Average gained over 2% with a new ADX...
The new year is well underway - and the market - well, it hasn't done a whole lot since I last left it. People stopped believing in Santa, and market action remains slushy into the new year. The...
It has taken a while, but the 8-day decline has finally flashed reversal candlesticks across indices. Lead indices finished with 'bullish' hammers, with spike lows indicating increased demand. Indices...
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