The Dow really had a big selloff yesterday only to form a 60 min bottoming tail near the daily 50 MA support. On the daily charts, the Dow and SPX is still in consolidation mode. While most of the exciting action happened in shorter time frames, the daily charts tell us the bulls and bear are still equal in the Dow and SPX. For tech stocks and the Nasdaq Composite, things are different. They are in a bull mode and look set to go higher no matter what the Dow and SPX does.
May 06, 19 06:04 AM
Technical analysis of the US stock market with coverage of futures.
May 06, 19 05:46 AM
Step by step technical analysis of the KLCI Malaysian stock market.
Apr 22, 19 06:55 AM
A technical analysis of the US stock market. I go through the major indices of the US market and see where it is likely to go.
Apr 22, 19 06:47 AM
Technical analysis of the Hang Seng. Learn how the Hong Kong stock market is doing and where it is likely to go.
Apr 22, 19 06:36 AM
Technical outlook for Malaysia's biggest market cap stock.