VIX - Breakout to Upside - March 11, 2011
During out last post on the VIX we said the chart has a symetical triangle pattern and it could break out to either direction.
Yesterday the VIX broke out to the upside indicating increased volatility in the market.
Market Turning - March 10, 2011 - unitedfinancialplanner.com
The DJIA closed near the daily low and below the resistance level of 12,000.
The S&P 500 closed below 1,300 and near the daily low on strong volume.
These moves are very bullish. Lets see if the market follows this trend on Friday.
Is the Dow Jones Industrial Average Head and Shoulders Chart Pattern Broken?
The Dow Jones had two resistance points to cross through to break the current head and shoulders patter that it is currently in (the above chart is of DIA which is 1/10 of the DJIA).
The first resistance was the 200 day moving average at 10,370. The next resistance is the right shoulder of the head [...]
Stock Market Summary - July 12 2010
The Dow Jones Industrial Average had a sideways day today waiting on earnings season to begin. Alcoa reported after the bell better than expected earnings. This may help the markets on Tuesday.
The Dow Jones is still within a Head and Shoulders stock chart pattern. The DJIA would have to close above the Right Shoulder of [...]
Traders Nations - Live Interview with Dan Zanger
Dan Zanger is typically a guest on Traders Nation Internet show around lunch time on Wednesdays. Click here to hear live http://www.tradersnation.com/zanger.shtml
You have to connect early before all the slots fill up. If that happens, you can come back later and listen to it in the archive.
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