Don't Ignore This Chart!

Dark Cloud Cover for ODFL

by Chip Anderson

( Click here to see a live version of this chart.) The Dark Cloud Cover candlestick pattern occurs when a stock that is in an uptrend has a tall hollow candle that is followed by a tall filled candle that extends below the mid-point of the first candle... Read More 

Don't Ignore This Chart!

Nasdaq Bullish Percent Index will Signal the Return of the Bulls

by Chip Anderson

(Click on the chart for a live version) The Nasdaq Bullish Percent Index represents the percentage of Nasdaq stocks that have Bullish signals on their P&F charts. Typically, readings oscillate around 50. Readings above 60 are rare and indicate a strong rally is underway... Read More