The equity markets have entered into the new year on a back foot and stayed choppy as well. In the previous technical note, it was mentioned that so long as the NIFTY stayed below its…
Category:
Stocks
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We’re through the first week of January and, even though the bulls don’t have that much to brag about yet, they did manage to hold the line, with the market staging a nice rally into…
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On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson takes you on a tour through the brand new StockCharts mobile app for iOS devices! You can now take your charts and the market anywhere with…
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In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews some of the key events driving price action as we head into the New Year. She also highlights the impact of last week’s rise in…
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The market got into its sideways range starting about December 16th and is still in that zone. They say don’t short a quiet market, but it is also hard to see where strength will be…
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As the great bear market of 2022 was really hitting its stride, the 3800 level came into view as a likely support level for stocks. We keyed in on that level based on Fibonacci Retracements using…
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From The Sector Level On the Relative Rotation Graph for US sectors, the tail for the Utilities sector stands out. It is relatively long compared to the other tails on the graph, which indicates that…
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I continue to look for signs this market wants to go higher, but it refuses to show me some resilience. In what can only be described as a barbell strategy, on one end is the…
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The past 3 months have been torture for the QQQ, the ETF that tracks the NASDAQ 100. The large cap stocks that dominate the QQQ performance have been breaking down one after another and that…
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Late yesterday afternoon, I sent out a quick update to our EarningsBeats.com members, suggesting that we could see a sudden surge higher in equities. A bullish signal emerged in the Volatility Index ($VIX), one that…