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1060 days ago

Gold reaches measured objective in TEXTBOOK double bottom !

The price of gold has now risen the hight of the double bottom pattern above the neckline of the pattern. It even produced a nice re-test of the neckline for a confirmation buy signal along the way.

#Commodities #Technical Analysis
Gold reaches measured objective in TEXTBOOK double bottom

1060 days ago

GBP/USD breakout above 1.40 resistance to 2-month high

The British pound - US dollar currency pair (GBP/USD) has broken out above 1.40 and major resistance to reach its highest since late February.

#Forex #Technical Analysis

1064 days ago

Top-performing ETFs of 2020 sink in 2021

Thematic ETFs like those centered around clean energy and IPOs were some of the biggest winners in the ETF space in 2020, but 2021 has been the polar opposite for these same names.

#Technical Analysis
Top-performing ETFs of 2020 sink in 2021

1065 days ago

EUR/USD briefly falls back to a 1.19 handle

The pullback in the euro after stalling above a broken falling trendline has taken the price back under the big 1.20 level.

#Forex #Technical Analysis
EUR/USD briefly falls back to a 1.19 handle

1078 days ago

Massive divergence in number of stocks above their 50 DMA in Nasdaq vs S&P

This either just represents the change of sector leadership away from tech / growth towards cyclicals OR the Nasdaq is a leading indicator for the S&P 500.

#Technical Analysis
Massive divergence in number of stocks above their 50 DMA in Nasdaq vs S&P
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