Temple Inland, Inc. ($TIN) has enjoyed a steady climb after bottoming out in August at around $16.00. However, $TIN is now testing a major wall of resistance at $23.00, which could lead to a sizeable correction in the days ahead. Here’s why..
The CBOE Volatility Index ($VIX) is testing a confluence of support in the 15.50 zone, which could ultimately lead to a bullish reversal in this index. Such a move could have an adverse affect on the major market indexes. Here’s why..
Terex Corporation ($TEX) is testing two-year highs and has run into a major confluence of resistance, which could lead to weakness ahead. Take a look..
With the major market indexes testing clear-cut resistance levels, it may be time to turn our attention to short term selling opportunities. Dominion Resources, Inc. ($D) has been trending quietly lower the last six weeks and is beginning to show early signs of weakness, which could yield short term profits! Check it out..
The United States Oil Fund ETF ($USO) has dropped sharply over the last two weeks of trading, selling off from $38.00 to $34.60. However, $USO may be on the verge of a nice Turkey Day bounce heading into the end of the week. Read More..
