Simplifying the Symmetrical Triangle Pattern
The symmetrical triangle pattern is defined by a descending resistance level and an ascending support level.
Watchlist Update: Energy Stocks Ready for a Breakout?
It’s still too early to say whether the market has bottomed. But if you’re looking for stocks to buy, the energy group looks the best.
Path of Least Resistance Still Lower
It doesn't take a rocket scientist to see that the path of least resistance for this market is still to the downside...
Three Reasons Why BTC is Heading Much Lower
Unfortunately for the BTC fanatics out there, I'm seeing three big signs that I believe will lead BTC to lower prices in the coming weeks...
Breaking Down the Triple Top Pattern
Today, we're going to follow up on last week's "triple bottom" discussion by talking about its bearish counterpart, the "triple top" pattern.
Watchlist Update: Sticking with Strong Setups
All the major indexes made new lows last week, confirming that sellers are still in control.
How to Trade the Market's Most Elusive Chart Pattern
A “high tight flag” is an extremely rare, chart pattern. They typically form after an explosive move higher in a stock’s price.
Market Breadth Points to Lower Lows Ahead
One of the main reasons I am expecting lower lows is that the internals of the major indexes are still very weak.
Changing Trends with the Triple Bottom Pattern
Just like the "double bottom" pattern we've covered previously, the "triple bottom" is a trend reversal pattern.
Watchlist Update: Staying Focused on the Short Side
After huge up-days on Monday and Tuesday, stocks got clobbered on Friday, erasing nearly all of the gains from earlier in the week.
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