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February 2020 COVID Breakdown Gap Acting As Support For Stock Market Rally :: The Market Oracle :: - Vimarsana News

February 2020 COVID Breakdown Gap Acting As Support For Stock Market Rally :: The Market Oracle ::

The difference in the price setup of the initial February COVID-19 downside price gap on the INDU (Dow Jones Industrial Average) vs. the SPY (SPDR S&P500 ETF) clearly shows how this previous gap in price is acting as a critical support level for the current price rally.  When the downside price gap first started, near February 25th, 2020, technical traders immediately identified this “impulse gap” as an important price structure to watch in the future.  As the US stock markets recovered in late August/September, price levels began to attempt to “fill the gap” on the ...

Custom Index Charts Suggest US Stock Market Ready For A Pause :: The Market Oracle :: - Vimarsana News

Custom Index Charts Suggest US Stock Market Ready For A Pause :: The Market Oracle ::

Weeks after the Election Rally initiated a moderately strong upside breakout rally, our Custom Index charts suggest the US stock market may be ready for a brief pause in trending before any new trends continue. Global traders and investors jumped into the US stock market just days before the US elections expecting something big to take place.  The rally that initiated just days before the US election pushed our Custom Index charts well into the upper range of the 2016 to 2018 upward sloping price channel.  This suggests the US stock markets have ended the downward price reve...

Copper & Bonds Telegraphed the 2020 COVID Stock Market Collapse :: The Market Oracle :: - Vimarsana News

Copper & Bonds Telegraphed the 2020 COVID Stock Market Collapse :: The Market Oracle ::

A very interesting setup in both Copper and Bonds seemed to have telegraphed the collapse in the US stock market in early 2020.  T-Bonds, which had been consolidating into a downward price channel prior to the COVID outbreak, suddenly broke through the downward price channel and started to accelerate higher. Copper, which is a fairly common commodity for building, infrastructure, and other uses, had been moving higher above a clear upward price channel, then suddenly broke lower in early 2020.  Both Bond and Copper seemed to break these price channels nearly 20+ days before ...

Welspun Investments & Commercials Ltd leads losers in 'B' group - Vimarsana News

Welspun Investments & Commercials Ltd leads losers in 'B' group

Viji Finance Ltd, Suncare Traders Ltd, Goodyear India Ltd and Adhunik Industries Ltd are among the other losers in the BSE's 'B' group today, 14 December 2020. Viji Finance Ltd, Suncare Traders Ltd, Goodyear India Ltd and Adhunik Industries Ltd are among the other losers in the BSE's 'B' group today, 14 December 2020. Welspun Investments & Commercials Ltd crashed 10.00% to Rs 442.35 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 1119 shares were traded on the counter so far as against the average daily volumes of 1973 shares in the past one month. Viji Finance...

US STOCK MARKET Custom Index Charts Show Clear Bullish Trending :: The Market Oracle :: - Vimarsana News

US STOCK MARKET Custom Index Charts Show Clear Bullish Trending :: The Market Oracle ::

US STOCK MARKET Custom Index Charts Show Clear Bullish Trending :: The Market Oracle ::