FlowBank

934 days ago

S&P 500 vs other market prices representing risk

The S&P 500 keeps going while other price signals in the stock and currency markets rollover. Do we get a catch up or catch down?

#Technical Analysis
S&P vs other market prices representing risk

937 days ago

Dow Jones index: Did the 2021 uptrend just snap?

An uptrend line connecting the lows since the start of 2021 has just been broken temporarilly for the first time. Even if the weakness doesn't follow through straight away, its a sign of weakening momentum according to technical analysis. 

#Technical Analysis
Dow Jones index: Did the 2021 uptrend just snap?

961 days ago

Shake shack enters oversold territory

shares of Shake Shack entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $86.03 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 60.6. A bullish investor could look at SHAK's 29.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Source: Forbes

#Stocks #Technical Analysis

972 days ago

10-year rates double bottom ?

The classic chart pattern could be forming in the Treasury market - a confirmation is only when the neckline is broken.

#Bonds #Technical Analysis
10-year rates double bottom ?

973 days ago

Long term US dollar 'Double Top' still in play

Was that it for the recent bounce in the US dollar? We continue to hold our longer-term view that the US dollar is forming a 6-year double top, so it makes sense to see this weakness.

#Technical Analysis
Long term US dollar 'Double Top' still in play
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