Here's What the Charts and Indicators Say Could Be Next for This Market
Here's What the Charts and Indicators Say Could Be Next for This Market
Source: thestreet.com
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The Market's Consolidation Is Not Over
The Market's Consolidation Is Not Over
Source: thestreet.com
High-Volume Resistance on Major Index Charts Could Stall Rally in Equities
High-volume resistance on the charts of the major stock indexes could stall the rally in equities, writes technical analyst Guy Ortmann, who says while the near-term charts and market breadth remain positive and lack sell signals, some clouds are starting to appear.
Source: thestreet.com
Markets Appear More Vulnerable to Profit Taking Though Charts Remain Bullish
Equity markets appear more vulnerable to profit taking though the index charts remain bullish, writes technical analyst Guy Ortmann, who says the data are causing some concern now that substantial gains have been achieved from the June lows.
Source: thestreet.com
Bullish Trends Remain Intact, but a Few Data Signals Are Flashing Yellow
Bullish stock market trends remain intact but a few data signals are flashing yellow, writes technical analyst Guy Ortmann, who says those cautionary signals suggest the increasing likelihood of some correction or consolidation of recent big market gains.
Source: thestreet.com