Tuesday, April 23, 2024
A Pattern With a Strong Track Record Is About to Appear

A Pattern With a Strong Track Record Is About to Appear

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One of the most popular chart patterns is about to take place on the most important index. We're talking about a "golden cross" on the...

Suddenly energy is flying

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Energy's gone from forgotten to en fuego quicker than you can say "missiles over Damascus." Crude oil (@CL) hit $67.45 this morning, its highest level in...

So Much for a Trade War Killing Stocks

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The economy is strong, earnings are near and a trade war might be priced in. That kept stocks rising last week. The S&P 500 climbed...

Traders, keep an eye on oil

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Oil is in the news today with crude futures at a potentially key level. The main item came this morning from the U.S. State Department,...

Crude oil may be stabilizing before OPEC

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Disclosure: This post is intended for educational purposes and should not be considered a trade recommendation. Energy may be stabilizing, even as OPEC prepares to...

Nasdaq Gets Slammed as Rates Shoot Higher

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Stocks began the fourth quarter in the red as interest rates spiked and money streamed out of the technology sector. The S&P 500 slid 1...

Energy Waffles as Iran Sanctions Draw Near

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The S&P 500 bounced after last week's sharp drop, but oil hasn't been so lucky. Crude oil futures (@CL) closed yesterday at their lowest level in...

Oil Holds Its Ground Despite Bearish News

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Something weird is happening in crude oil: It's not going down on bad news. Last night the American Petroleum Institute reported energy stockpiles rose by...

Deja Vu for the Bulls? These Two S&P 500 Charts Look Very Similar

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The S&P 500 flew to new highs last week, and its technical patterns strongly resemble an earlier breakout. First, consider this TradeStation chart study of...

Going to the next level with chart trading

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Traders love charts, and they love to trade. Did you know you can combine those two passions with TradeStation's Chart Trading functionality? This feature lets customers...
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