Week Ahead: NIFTY Shows Early Signs Of A Likely Disruption Of Uptrend; Tread Cautiously
After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending some indecisive sessions during the week. The week that went by saw some early signs of the Nifty entering into broad corrective
Three Charts Screaming Market Top
This week, the market appeared to shift dramatically from “stalling out at all-time highs” to more of a “big time risk-off selloff move” kind of situation. The warning signs were building in August, but, so far, September is ringing all kinds
How to Spot a Golden Mining Opportunity Using SCTR Reports
On Thursday afternoon, I dove into the StockChartsTechnicalRank (SCTR) Reports to scout out a good ETF during a mixed market (Dow and S&P 500 were down, Nasdaq was up). Two gold miner ETFs—Wisdom Tree Efficient Gold Plus Gold Miners ETF (GDMN)
Is It Time to Buy Intel?
I’ve been around long enough to remember when Intel (INTC) was the NVIDIA of the day. Now, INTC is under severe pressure, having suspended its dividend, and is currently being considered for removal from the Dow 30 Industrial Average. Oh,
Intermediate-Term Bearish Head & Shoulders on Semiconductors (SMH)
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH). Looking at the daily chart below, we can see the pattern developing. However, we do have to point out participation. Note the
Broad-Based Stock Market Selloff: How to Position Your Portfolio?
After a week of wavering action, the stock market made a directional move—a lot lower—after Friday’s jobs data. Investors are concerned about the economy, and the narrative has switched from inflation worries to thinking that perhaps the Fed is too
Markets Nosedive Amid Recession Fears
In this StockCharts TV video, Mary Ellen reviews the current downtrend taking place in the S&P 500 and Nasdaq, and highlights the “uninverting” yield curve. She finishes with a deep dive into Nvidia, sharing how to handle the stock depending on
S&P 500 Tempest in a Teapot
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a very valuable phenomena for the study and practice of trading. When tracking the intraday time frame; Wyckoff structures of Accumulation, Markup,
The Best Reversal Patterns (Trading Strategy Explained)
In this exclusive StockCharts TV video, Joe shares how he identifies and trades a reversal pattern. Highlighting what causes him to focus in on a stock, he shares the 1-2-3 reversal pattern, along with the keys in MACD and ADX
The SCTR Report: Why TSLA Stock Sees Tremendous Strength
When the stock market is hobbling along, trying to determine whether the recent jobs and manufacturing data are good or bad for the economy, it’s easy to miss some of the stocks that could make intermediate-term profitable returns. One stock that