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..
The E-Mini NASDAQ 100 futures contract (NQZ0) has endured its largest retracement of the last three months. However, more selling pressure could be seen back toward the 2,060 level. A breakout from yesterday’s range could spark the next key breakout move in this contract. Take a look..
Crude Oil has been pushing quietly higher the last two months, but is now testing an extremely important resistance level at $87.45. How price reacts to this two-year resistance level could spark the next major wave of price movement.
