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