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.
Dec 01, 21 09:24 AM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.
Dec 01, 21 05:20 AM
Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off
Dec 01, 21 03:40 AM
How will the US stock market work in December? Will there be a rebound? Will the stock market continue to go higher?
Nov 30, 21 09:11 AM
Are the markets going to continue to move higher? Is it in an uptrend or downtrend and where are the support and resistance?
Nov 30, 21 06:07 AM
In this stock chart lesson, we will learn how LAC rose from $13 to $40. We will study the chart pattern and the technicals.