The market has been extremely resilient lately, with every bit of weakness leading to buying opportunities. As such, I’ve picked three stocks that have pulled back from recent highs, but remain within well-defined bullish trends. Each of these stocks are primed for “buy the dip” opportunities that could lead to new highs within their respective uptrends. Read more..
The Financial Bear 3X ETF ($FAZ) is sitting on a three-month critical support level at 13.60 and seems to be teetering on the brink of a break. A violation of this line could lead to another wave of selling pressure back toward $12, or lower.
The E-Mini Russell 2000 is giving me conflicting vibes about future direction. While lower timeframes indicate a downside reversal to come, the daily chart suggests a little more upside could be seen. Let’s take a look.
After last week’s price action, the Dow Jones Industrial Average has strung together two sessions of yawn-inducing trading activity. However, the Dow could be on the verge of a major breakout opportunity. I’ve got three reasons why.
The Volume at Price indicator is a visually powerful tool. Plotting this indicator allows you to see the market at work in a way that no other indicator offers. Proper understanding of this tool can make you a more knowledgeable trader.
