Category Archives: Technical Analysis

S&P500 Sets Up for Correction

This is not the chart pattern the bulls want to see at a major resistance level.  Today’s high and low in the S&P exceeded yesterday’s thus carving out a  bearish engulfing/or outside reversal day.  One point on a chart is … Continue reading

Posted in Equities, Gold, Technical Analysis | Tagged , , | 1 Comment

The Dow in the Year of the Dragon

Gong Xi Fa Cai!  恭禧發財 It’s now The Year of the Dragon and the Economist  has posted an interesting piece on the performance of the Dow Jones Industrial and the Chinese astrological calendar. The Economist writes, CHINESE people across the … Continue reading

Posted in Charts, China, General Interest, Global Stock Performance, Technical Analysis | Tagged , , | 1 Comment