Author: cjrosen

While we may have heard headlines discussing the out-performance of “Defensive” Sectors, let’s take a brief moment to view the updated Sector Rotation charts and pinpoint where the money is flowing in terms of broad sector performance. Let’s start with a Line Chart and then move to finer details: We’re seeing StockCharts data (PerfChart) with…

Traders may have been surprised by the strength of the recent upside gaps in Microsoft (MSFT) and especially Netflix (NFLX) which shattered daily resistance levels into “Open Air” territory. Let’s put these strong upside gaps into the context of the Weekly Chart and broader trends and gather insights from the higher timeframe structure and levels….

With Goldman Sachs (GS)breakdown under the $140 “Round Number” Reference level today, let’s take an updated look at the chart and identify the new key levels to watch. First, the Daily Chart and initial support break: We’ll see shortly that we can develop a Bull/Bear Game-Plan for short-term trading tactics (management) in terms of real-time…

Apple (AAPL) stock has returned to a key support inflection level and we once again see an IF/THEN situation where the short-term downtrend will either reverse at the inflection point or else break again lower, creating a breakdown opportunity. Let’s focus on this key inflection level, a situation that we saw not too long ago…

With the recent collapse (lack of liquidity/buying pressure) under longer term support levels in gold and silver, let’s take a moment to step back and view historical “Volatility Pockets” in price and what this may mean for the current “pocket.” Let’s start with Gold: The Daily Chart above shows two range or volatility indicators: The…

With the Dow Jones and SP500 both breaking – and closing – at record all time highs, let’s take a quick look at intraday structure, trendlines, and factors to watch going forward. We’ll start with the SP500 (@ES Futures) which generated more headlines today than yet another record close in the Dow Jones Index: You’ve…

As April 2013 began, we saw positive reversals and breakthroughs in “Risk-off” US Treasury funds TLT and IEF. Let’s update these charts and note key levels and factors to watch for the rest of the month. TLT is the iShares 20+ year bond fund that is tradable as an ETF. We see the critical support…

This morning brought a continuation of the short-term downtrends for Gold and Silver as price collapsed toward a critical target zone which now calls our attention. Let’s take a quick, simple look at the current structure and critical levels to watch for these markets at the moment. Gold Daily Chart: The key focal point is…