Don't Ignore This Chart!

Willis Towers Watson (WLTW) Pushes Higher

Greg Schnell

Greg Schnell

Chief Technical Analyst, Osprey Strategic

Willis Towers Watson (WLTW) Risk Management company is breaking out to new highs this week. In the face of Hurricanes Harvey and Irma, the stock is surging. It surged above a three month consolidation last week and today it continues to move higher.

With the MACD turning up while above zero, this looks ready to continue the push to higher ground. The overall chart has been in a pretty good uptrend for a while now. The Relative Strength shown in purple recent touched 3-year highs. 



I posted a new Commodities Countdown Video this week that you can see here.

 

Commodities Countdown Video With Greg Schnell 2017-09-14 from StockCharts.com on Vimeo.

As well, Tom Bowley and I posted a new Market Outlook Webinar Recording on Saturday for September.

2017-09-09 09.00 The StockCharts Outlook from StockCharts.com on Vimeo.

Martin Pring recorded his September Market Roundup as well.

Market Round Up Live With Martin Pring September 2017 from StockCharts.com on Vimeo.

Make sure you click follow on each of the video collections to be updated when there are new free videos posted.

Good trading,
Greg Schnell, CMT, MFTA

Greg Schnell
About the author: , CMT, MFTA is Chief Technical Analyst at Osprey Strategic specializing in intermarket and commodities analysis. He is also the co-author of Stock Charts For Dummies (Wiley, 2018). Based in Calgary, Greg is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the CMT Association and the International Federation of Technical Analysts (IFTA). Learn More