Clik here to view.
Dow Jones Industrial Average (DJIA): Technical Chart Update
Similar to other major U.S. stock market indexes, the Dow Jones Industrial Average (DJIA) has been moving higher amidst a considerable amount of market chop. As we near the end of May and the end of a...
View ArticleClik here to view.
Crude Oil Prices Trade Sideways: A Fibonacci Review
Crude Oil prices have been a great exercise in patience, risk, and discipline. Seven weeks ago, I highlighted a short term target of 58.25, as well as several technical support and resistance levels...
View ArticleClik here to view.
Is JC Penney Stock A Buy? Maybe But Not Just Yet
JC Penney Co. Inc. (JCP) has taken a beating since Q1 2012. From that time until Q1 2014, JC Penney stock lost (88.65%) of it’s value. Since making a weekly low of $4.90, JCP has trade in a range of...
View ArticleClik here to view.
S&P 500 Update: Putting The Market Pullbacks In Perspective
It’s earnings season and it’s obvious. The major stock market indexes are up one day, down the next. And social media is pretty evenly split on whether the bull market has ran out of steam or not. So...
View ArticleClik here to view.
Russell 2000 Futures: Volatility Creates Fib Swing Trade Setups
Below is a textbook example of a swing trade on the e-Mini Russell 2000 Futures (TF). And the recent volatility helped to create some big opportunities with my Fibonacci method. Let’s go back to last...
View ArticleClik here to view.
Market Correction In Full Effect For US Stock Market Averages
Greece couldn’t do it. Poor company earnings along with lower forward guidance couldn’t do it. Not even strong hints of a September rate hike by the Federal Reserve! A technical market correction in...
View ArticleClik here to view.
Silver Rebounding After Hitting Price Target
It’s been a while since I revisited the precious metals market and, more specifically, looked at Silver. As most of you are aware, precious metals have been under pressure since the mid 2011… over 4...
View ArticleClik here to view.
Market Correction Update: Key Fib Support Levels To Watch
Yep, Jesse Felder finally shaved his beard off. Huh? What does that have to do with the S&P 500? It means the S&P 500 Index pulled back at least 10% from the high of 2134.72. Yep, that long...
View ArticleClik here to view.
S&P 500 Market Update: Are New Highs On The Way?
The past 3 weeks has seen the S&P 500 Index zoom higher by more than 200 points. The rally has brought the index back to within 3 percent of its all-time highs and has the bulls feeling much...
View ArticleClik here to view.
US Stock Market Indices: Must Watch Levels In November
All the major U.S. stock market indices are at important levels right now. From the Dow Jones Industrial Average to the NASDAQ to the S&P 500 to the Russell 2000, the setups may vary, but the price...
View ArticleClik here to view.
US Stock Market Indices Showing Strength $DJIA $SPX $RUT $COMPQ
For the week ending October 30th, I wrote a post on the state of the 4 major US stock market indices. This post included the Dow Jones Industrial Average, NASDAQ Composite, S&P 500, and the Russell...
View ArticleClik here to view.
Gold Futures Prices Decline Towards Key Price Target
After the huge bull market that ended in 2011, Gold prices have done nothing but wring optimism out of Gold bugs at every turn. As many investors are aware, Gold has been a falling asset for the past 4...
View ArticleClik here to view.
Is The Russell 2000 Index Entering A Bear Market?
Back in May of 2015, I wrote a piece on the Russell 2000 Index highlighting 2 critical price support levels of 1221.44 and 1213.55. In that post, I also included a warning: “Investors will look for...
View ArticleClik here to view.
Will Investors Say Goodbye To The Bull Market In 2016?
Hello 2016, goodbye bull market. Or is it just another market correction? Markets move in 3 directions: up, down and sideways. Let’s go take a look at the charts for clues on what this first 2 weeks...
View ArticleClik here to view.
Crude Oil Declines Into Major Fibonacci Price Target, Rallies
Crude oil futures prices dipped below $27 per barrel last week before recovering with a late week rally that recaptured the psychological level of $30. That rally may seem minor in the scheme of...
View ArticleClik here to view.
Where Is The Crude Oil Rally Headed Next?
Crude oil futures are volatile enough on a normal day, but with rumors of a Russia/OPEC February meeting to discuss production cuts, it’s really volatile now. As far as I can tell, the meeting and/or...
View ArticleClik here to view.
Stock Market Update: $SPX Fibonacci Price Levels To Watch
Less than a month ago, I pondered the question “Is It Time To Wave Goodbye To the Bull Market In 2016?“. In that post, I gave you S&P 500 fibonacci levels to watch for support. Let’s review and...
View ArticleClik here to view.
Crude Oil Looks Lower: New Downside Price Target
The Crude oil market has garnered a lot of interest over the last year. Much of it has to do with its steep and historic decline, while some has to do with traders infatuated with picking bottoms....
View ArticleClik here to view.
Crude Oil Futures Testing Higher Resistance Levels
The sharp rally in crude oil prices over the last month has given the market a bit more confidence. But what oil does from here will bear importance. Let’s take another look at the charts to see what...
View ArticleClik here to view.
Crude Oil Update: Why Fibonacci Price Targets Matter
In January of 2016, I wrote an article on Crude Oil Futures where I identified a resistance zone of 37.28 to 41.47 using my Fibonacci method, which I refer to as the “One Shot, One Kill” method. Note...
View Article
