A 400 Point Drop is Brewing for the Dow
The Dow may be headed for another test at 9,800. Today’s mid-day reversal from resistance at 10,325 all but sealed the deal for another key test at critical support. Here’s why…
Pivot Width Analysis (Part 2 of 3)
Pivot Width Analysis is one of my favorite forms of analysis because it’s simple and it works. This article is Part 2 of a three part series that will take a look at how I use pivot width analysis to forecast price behavior.
MSFT is Ripe for a Breakout
Hey Folks! I was scanning my watch list and came across a stock that could be ripe for a solid breakout opportunity for tomorrow’s market. Microsoft Corporation (ticker: MSFT) has formed an Inside Value Relationship, which sets the stage for a big day.
To Break, or Not to Break?
The bulls and bears have been battling it out at the pivotal 1,040 support level for the greater part of eight months. The question on everyone’s mind: Will the level be broken, or not?
Energy Futures Are Winding Up
I’ll be watching energy commodities for a major breakout opportunity in tomorrow’s market – and you should too!