$URI facing stiff overhead resistance.
For the better part of a month, I've been saying that Digital World Acquisition (DWAC) is a problem chart as long as it stays below major resistance. Crude Oil Futures (CL) pulling back to its long-term support level at $109-110 Home Depot (HD) declining trend-line weighing on price. Can't get bullish on the
This is certainly one of my favorites: the “I’m not sure charts are relevant here” candle pattern.
$BTC.X Bitcoin double top forming, though it will be a difficult one to confirm.
Recession for stock and the stock market as a whole is looming large, as $SPX dropped significantly this past week amid the war in Ukraine with Russia, rising oil prices, and soaring gold, wheat and commodity prices. In this video I provide my technical analysis and outlook for the stock market. Now it is time
$KR rally – is this a product of them increasing earnings, revenue, or both? If the former, then they are capitalizing on inflation rather than adjusting to inflation, right? Perhaps more are eating at home and less eating out?
$NIO testing critical support. If it can hold there is the potential for a triple bottom, but if it doesn’t, there’s little support underneath.
$CRM with a declining trend-line in play. $UPST looks impressive here with that basing pattern and inverse head and shoulders pattern. $AFL bouncing at two significant levels of support.
The price for a barrel of oil is over $100 a barrel and keeps going higher. Will oil prices keep going up or are we do for oil prices to go down.
Unlike $SLV, the $GLD breakout has been well underway.