Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Amazon.com, Inc. (NASDAQ) – daily- descending broadening wedge (bullish) within larger ascending channel- bounced on 50daySMA
Apple Inc. (NASDAQ) – weekly- desc. broadening wedge breakout running to 180-ish resistance-watch 4 PPO bear cross
DryShips Inc. (NASDAQ) – daily- breaking above 12 month downtrend line and 200dSMA- [...]
As a follow up to my posts of last week, I would like to talk about the inflation trade and the temples and where we are today. I mentioned that there are certain leaders in the market that tend to show us the direction of the overall trend.
The first group is what I called the [...]
In my first post to the Finz.tv blog I mentioned how in order for the market to get a real rally going it would need its so called Temples to participate. It is now three days later and in fact the financial sector not only failed to rally but brought the market to its knees [...]
