We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH). Looking at the daily chart below, we can see the pattern developing. However, we do have to point out participation. Note the very low percentages on %Stocks > 20/50EMAs. These are…
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a…
After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending…
This week, the market appeared to shift dramatically from “stalling out at all-time highs” to more of a “big…
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a…
On Thursday afternoon, I dove into the StockChartsTechnicalRank (SCTR) Reports to scout out a good ETF during a mixed…
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH).…
In this StockCharts TV video, Mary Ellen reviews the current downtrend taking place in the S&P 500 and Nasdaq, and…