Stocks fell sharply from a key overhead resistance target – with divergences – to produce today’s Trend Day Down. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: For members last night and on the TradeStation Morning Market Briefing, I highlighted the 1,945 level as the key pivot…

Google (GOOGL) broke impulsively higher to a fresh new all-time price high today after yesterday’s better than expected earnings announcement. Let’s update our Google (GOOGL) charts and take note of the new breakout in an ongoing strong uptrend. First, take a look at last week’s post “The Bullish Breakout and Uptrend Continues in Google.” In…

Crude Oil (@CL) broke lower at resistance with stocks this morning. Let’s overlay a Fibonacci Retracement Grid and plan the key levels and opportunities right now: We were targeting the $34.00 level (a Daily Chart target) after the intraday V-Spike Reversal on January 20th. Price waved its way up to that target, giving a few…

Popular stock Twitter bounced into resistance this morning on possible acquisition rumors. Price jumped up 8% into a key resistance target – we can plan the next swing trade from this key level. Let’s do it! First, check our prior update “Downtrending Twitter Can’t Catch a Break” from January 19th. From then price did trade…

With the market bounce continuing today, Google (GOOGL) – one of our “strong stocks getting stronger” – also broke higher above resistance to trigger a new breakout. Let’s quickly update our Google charts (we still refuse to call it “Alphabet”) and plot the next pathway: As noted previously, the $700.00 per share level was the…

Price is pivoting between the wide range from yesterday’s Fed Announcement. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: As I highlighted last weekend to our Intermarket Strategy Members, we took a bearish turn going into 2016. Our planning levels extended from 1,915 to the 1,875 pivot…

There we go! The S&P 500 surged above 1,900 this morning! However, is this the start of a new bullish breakout swing or just another bull trap in an ongoing downtrend? Let’s chart the breakout – note the hidden resistance above 1,900 to watch – and put it all in the context of today’s Federal…

Today’s action so far completely erased the bearish action of yesterday, but price still couldn’t break to new highs. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: As I highlighted last weekend to our Intermarket Strategy Members, we took a bearish turn going into 2016. The 1,900…

The consolidation continues into the 1,900 level in the S&P 500 and we have new updates to start the week. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: As I highlighted last weekend to our Intermarket Strategy Members, we took a bearish turn going into 2016. Study…