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The market erased the gains that we highlighted in our previous newsletter in one day as the 10,600 level on the Dow proved once again that it is an important level for the market. This week's big news of course was the Fed's rate hike. How will it affect the charts? Let's see what our commentators think...

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Chip Anderson
About the author: is the founder and president of StockCharts.com. He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997. Since 1999, Chip has guided the growth and development of StockCharts. Learn More
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