Global And US Equities Violate Major Up Trendlines: More Downside To Come

Oct 11 18:10 2018 Print This Article

The big global picture US equities are violating key trend lines Financials experience false upside breakout Energy triggers a false positive Bubble-prone e-commerce on the verge of being pricked! Last week, I

wrote about the possibility of an October "surprise." I pointed

Read More

About Article Author

Stockcharts.com

StockCharts.com was founded in 1999 by Chip Anderson, a 10-year veteran of Microsoft. StockCharts.com is a website that provides online investors with high-quality financial charts for making better investing decisions. StockCharts.com is focused on Technical Analysis - the study of price history via charts. They provide award-winning analysis tools, market commentary from respected analysts like John Murphy and Martin Pring, and a huge collection of educational resources that can help anyone become a better, more informed investor.

Related Items

Week Ahead: Nifty has multiple overhead resistances to deal with in this short week

The Indian Equity Markets spent the entire week on expected lines. The previous week was expected to be turbulent, and the zone of 10600-10750 was set to pose stiff resistance to the Markets and on these analyzed lines, the NIFTY continued to remain volatile all throughout the week. The benchmark I ...

You Really CAN Make Money in a Rough Market Environment

The quarter beginning 10-1-18 has been challenging for a lot of traders. The NASDAQ has lost almost 10% while the S&P has lost 6%, both well off the quarter's low. Volatility has reigned with the VIX at elevated levels for most of the quarter. It has been challenging for us at EarningsBeats as well ...

DP Weekly Wrap: Does SPY Have Bullish Reverse H&S? Gold Sentiment Is Looking Contrarian

A lot of people are seeing a reverse head and shoulders pattern developing, and it is really not hard to spot. From Friday's close, it will take a rally of a little less than 3% for price to reach the neckline. Add another 4.5% and new, all-time highs will be made. Some indicators favoring a positi ...

Schedule for Week of November 18, 2018

The key economic reports this week are October Housing Starts and Existing Home Sales.Happy Thanksgiving!----- Monday, Nov 19th ----- 10:00 AM: The November NAHB homebuilder survey. The consensus is for a reading of  68, unchanged from 68. Any number above 50 indicates that more builders view sales ...

‘It has begun’

Photo: @trailsandbears After all of the reports, data, stats and polls, let’s finish off this dreary week with some real-life reasons why Canadian real estate – at least as we know it in the bubble regions – is a big-risk place to put money. The supply of greater fools is being exhausted. We ...

Lone Wolf and CREA Announce Major Transaction Management Deal

Deal provides Lone Wolf’s transaction management tools to Canadian Real Estate Association (CREA) as new CREA WEBForms® Ottawa, ON, November 16, 2018 The Canadian Real Estate Association (CREA) announced today a partnership with Lone Wolf Technologies (Lone Wolf) that will provide CREA members w ...

Ontario takes important step towards rental affordability

Author: Josef Filipowicz At last count, the GTA rental vacancy rate was 1.1 per cent. Read more about Ontario takes important step towards rental affordability Tags:  housing housing affordability rent control renters homebuilding doug ford GTA ontario ...

Phoenix Real Estate in October: Sales down 1% YoY, Active Inventory down 5% YoY

This is a key housing market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.The Arizona Regional Multiple Listing Service (ARMLS) reports ("Stats Report"):1) Overall sales declined to 7,182 from 7,268 in October 2017. Sales were up 4.1% from September, and down ...