Technical Analysis

Markets

DJIA Technical Update 01-01-2023

TECHNICAL ANALYSIS The DJIA traded a tight, inside week on quiet holiday volume and closed fractionally lower on the week. Short-term, prices are building a flagging triangle pattern

Read More
Commodities

12-18-2022 Soybeans

TECHNICAL ANALYSIS Spot soybeans have been in an up channel since setting lows in critical timing in early October. The daily spot chart has been flashing a preliminary

Read More
Markets

DJIA Technical Update 12-18-2022

TECHNICAL ANALYSIS The DJIA traded a massive outside week down with prices setting a new trading high Tuesday and then swooning 2057.7 points to close in the bottom

Read More
Markets

DJIA Technical Update 12-09-2022

TECHNICAL ANALYSIS The DJIA spent the entire week in negative territory, closing down 2.77% or 953.4 points. The hourly chart is showing a rounded top formation as prices

Read More
Technical Analysis

Stock Market Update 12-04-2022

TECHNICAL ANALYSIS The major market indices have been in a schism since the summer lows. For decades now, the consensus axiom is to ‘never fade the blue chips.’

Read More
Markets

11-18-2022 DJIA Technical Update

TECHNICAL ANALYSIS VIX Volatility Index Daily Candles The DJIA closed up 200 points on Friday to end the week a couple of points lower, just off the current

Read More
Commodities

11-17-2022 Crude Oil Futures

Crude oil futures (CLZ22) closed sharply lower on Thursday to set the lowest daily close since late September. The daily is starting to reach slightly oversold conditions and,

Read More
Markets

10-28-2022 DJIA Technical Update

TECHNICAL ANALYSIS Dow Jones Industrial Average Weekly HLC The DJIA gapped higher on Monday and held rallies throughout the week, ending with a 5.72% gain with a rally

Read More