Along with Crude Oil, Emerging Markets have broken a downtrend with a breakout and early reversal signal. We’ll start with the Daily Chart for additional information and level planning: After suffering a lengthy downtrend from April to August, shares may be reversing into a bullish breakout. Shares of the EEM (Emerging Markets iShares ETF) fell…
After yesterday’s strong Trend Day to the upside, stocks consolidated into a logical trading range today. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Here’s a quote from last night’s member strategy planning report: “At…
If you’ve dabbled with Elliott Wave in your trading or have absolutely no idea about it, you’ll likely benefit from this new three-part free educational course on the Elliott Wave Principle. At its core, Elliott Wave is a more-detailed approach to the works of Charles Dow, Richard Wyckoff, and many other “founding fathers” of Technical…
Wow what a reversal for a Dow Jones Index stock! DuPont (DD) shares surged higher from a trend reversal and breakout event. We’ll start with the Daily Chart for additional information and level planning: DuPont (DD) was recently one of the weakest stocks in the Dow Jones Industrial Average, but the last three trading sessions…
What price levels are important right now for trading decisions in Apple (AAPL)? Let’s take a look at our updated Fibonacci Grid and Target Levels for this popular stock. We’ll start with the Daily Chart: Let’s start with the Fibonacci Retracement Grid as drawn. Apple (AAPL) shares are compressed – bouncing between – the 38.2%…
The bullish stock market breakout and new short-squeeze rally continues! Let’s update our levels and plan the remainder of today’s session: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Here’s a quote from last night’s member strategy planning report: “…trade the impulsive short-squeeze bullish…
As we start a new trading week in October, a bullish five-day rally has taken price to a key upside target level. Let’s update this level and our new targets for these major US Market Indexes. We’ll start with the S&P 500: A bullish reversal candle at the 1,880 target support level – complete with…
The Jobs Report was worse than expected so let’s buy stocks because the Fed won’t raise rates!!! That was the logic behind today’s bullish market recovery on the news that the monthly Jobs Report was worse than expected. Logic or illogical, that is the ongoing reality of our new stock market environment. Let’s update our…
Did we just see the bottom for shares of Wynn Resorts (WYNN)? Let’s update our chart and note the specific reason why this stock is getting a big bullish burst this morning. What triggered an almost 20% surge ($10.00 up from Thursday’s low) in a single session? It wasn’t the Jobs Report pre-market but instead…
Welcome to October and the final quarter of 2015! Price is falling from resistance as a short-term trading range has developed. Let’s update our levels and plan the remainder of today’s session: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Here’s a quote from…