Apologies for revisiting Carvana (CVNA), but it has such a beautiful chart pattern playing out the way it should. After bottoming out in a cup with handle pattern on the weekly chart and breaking out…
Category:
Stocks
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In this video from StockCharts TV, Julius presents a few conflicting rotations and signals that continue to warrant caution while the S&P 500 keeps hovering just above support. With the negative divergences between price and…
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During today’s market analysis Carl laid out his reasons why we believe we are at a market top. He discusses the current market price action combined with exclusive DecisionPoint indicators to substantiate his position. Don’t…
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Will we see a major market top during the month of October? Dave breaks down three market breadth indicators and compares their current configuration to what we observed at the 2007 market top. He then…
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Good morning and welcome to this week’s Flight Path. Equities saw the trend remain and as the week came to a close we saw more strong blue “Go” bars as price rallied close to prior…
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On the back of one of the major FII selloffs seen in recent times, the markets succumbed to strong corrective pressure through the week and ended on a very weak note. The Nifty 50 remained…
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We know that successful options trading requires precise analysis and actionable options strategies. That’s why we’re excited to introduce a groundbreaking partnership between OptionsPlay and StockCharts.com—bringing you the world’s first integration of technical analysis and…
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This morning, September nonfarm payrolls soared past expectations, 254,000 vs. 132,500. Adding to the bullishness was the upward revision to August nonfarm payrolls as the prior reading of 142,000 was boosted to 159,000. This is…
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It is a bull market for stocks. On the chart below, the S&P 500 SPDR (SPY) recently broke rim resistance of a cup-with-handle pattern and is trading near a 52-week high. The S&P 500 EW…
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As a bull market reaches an exhaustion point, market breadth indicators often tend to diverge from the price action of the benchmarks. This “breadth divergence” occurs as leading names begin to falter, and initial selling drives…