Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
SPDR S&P Homebuilders (ETF) (NYSE) – daily- middle of ascending broadening wedge- take cues from behavior at the 20daySMA
Semiconductor HOLDRs (ETF) (NYSE) – weekly- just under primary downtrend resistance, and nearing 50% Fib at 26.17
S&P500 Index – daily- top of ascending broadening wedge [...]
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Woodward Governor Company (NASDAQ) - wkly-broke resistance from Jan ‘08- target of inv. H&S ~ 34 –positive PPO cross, ht @theTraderAlamo
Exxon Mobil Corporation (NYSE) - daily- forgot your razor? shave with the XOM triangle
Wynn Resorts, Limited (NASDAQ) - weekly- backing off 38.2% Fib.- target of inverse H&S [...]
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Vale S.A. (ADR) (NYSE) – weekly- tagged 38.2% Fib for 3rd time- if it can push through, may test top of rising wedge
Financial Select Sector SPDR (ETF) (NYSE) – daily- poss. H&S forming on neg divergences? –this pattern’s been face-raking bears- will it again?
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First it was Business Week. Then President Obama. Now it is Federal Reserve Chairman Ben Bernanke. Speaking before a group of bankers this past weekend in Jackson Hole [...]
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Semiconductor HOLDRs (ETF) (NYSE) – 30 min- falling further below declining 5 day SMA
Semiconductor HOLDRs (ETF) (NYSE) – daily- currently testing rising 20daySMA at 24.30
SPDR S&P Homebuilders (ETF) (NYSE) - weekly- pulling back from early ‘08 resistance toward inv. H&S neckline- pattern target is [...]
