ChartWatchers March 18, 2006 at 11:05 PM
The dark cloud is a bearish candlestick reversal pattern made up of two candlesticks. The first is white and the second black. The open of the second is above the close of the first and the close of the second is below the mid point of the body of the first... Read More
ChartWatchers March 18, 2006 at 11:04 PM
Last week I wrote an article entitled Investors Intelligence Sentiment Helps Bulls in which I pointed out that sentiment had become very bearish, and that the market was more likely to rally than decline... Read More
ChartWatchers March 18, 2006 at 11:03 PM
With the broad market indices such as the Dow Industrials and S&P 500 hitting new multi-year highs, one would reasonably believe that the advance has further to travel and riskier and riskier positions taken... Read More
ChartWatchers March 18, 2006 at 11:02 PM
TOP TEN BEST SELLERS- We maintain a list of the top ten best-selling products in our online store. Hint: they are best-sellers for a reason... Read More
ChartWatchers March 18, 2006 at 11:01 PM
It's possible that the current dollar pullback is part of a large basing pattern of the head and shoulders variety. A case can be made that the Dollar Index formed a left shoulder at the start of 2004 and a head at the start of 2005... Read More
ChartWatchers March 04, 2006 at 11:05 PM
HD is no stranger to long consolidations. The stock surged in 2003 and then consolidated for a year (gray box). The advance continued with a surge in 2004 and the stock consolidated over the last 12 months with a large triangle... Read More
ChartWatchers March 04, 2006 at 11:04 PM
The Rydex Cash Flow Ratio*, which is shown on the first chart below, reflected a fair amount of bullish sentiment and peaked around the end of November... Read More
ChartWatchers March 04, 2006 at 11:03 PM
Sometimes the best trade is the most obvious trade; and for us that is the "short housing" trade, or more succinctly...short the homebuilders... Read More
ChartWatchers March 04, 2006 at 11:02 PM
FREE USERS CONVERTED TO SHARPCHARTS2 - As mentioned above, we retired SharpCharts1 for Free Users last week. Be sure to click on the "Instructions" link for help with common pitfalls that ex-SharpCharts1 users are hitting when first starting to use SharpCharts2... Read More
ChartWatchers March 04, 2006 at 11:01 PM
Yesterday's decision by the ECB to raise rates was pretty much expected. What wasn't expected was the hawkish comments that accompanied that rate increase with hints of more to come. The Japanese have been talking about doing the same and may do so before the month is out... Read More
ChartWatchers March 04, 2006 at 11:00 PM
STRUGGLING WITH 11,000 The Dow continues to test the big breakout about 11,000 it had last month... Read More
