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..
The Dow Jones ($DJI) continues to honor significant resistance and is also forming key patterns across multiple timeframes. Let’s take a look..
Mechel OAO ($MTL), the Russian steel company, has been gearing up for a breakout for over a month. Now that a bullish breakout has occurred, traders may begin to jump on the bandwagon. Here are my reasons to like this stock..
The Semiconductor ETF ($SMH) has been honoring the boundaries of a large trading range from $25.40 to $28.90 over the last four months, offering amazing reversal opportunities along the way. As a matter of fact, I wrote about once such opportunity on the actual $SOX Index on July 6, which worked out great! Now, it looks like another opportunity may be upon us..
CME Group ($CME) has made a great run from support after my recent blog post entitled “3 Stocks to Watch”, rallying nearly 15 points in the last few sessions. The stock is now winding up for another breakout opportunity. Here’s why..
