It was another topsy-turvy week in the stock market as stronger-than-expected early economic reports again made investors fear that the Fed would not be able to cut rates. Traders were apprehensive as ...
An insignificant day today for the price of natural gas as it peaked above Monday’s high briefly before finding resistance at 2.84. Consider it a rest day before attempting to proceed higher as it ...
Qualcomm QCOM experienced a key reversal day buy signal on May 25 and then a weekly key reversal buy signal during the week of May 26. Longer term, the stock had a golden cross formation on November ...
The U.S. Global Jets ETF bounced sharply off a six-month low to trade sharply higher, highlighted by a big reversal in American Airlines stock, even though the air carrier reported a big profit ...
After a terrible year so far, have stocks finally turned the corner? I’m referring to last week’s key reversal on Thursday, 10/13. After a hotter than expected core (ex-food & energy) CPI report, ...
The swing in MicroStrategy’s stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play’s ...
Sterling crosses are suddenly getting interesting again. With UK political fears temporarily fading and markets pricing at least two more BoE hikes this year, traders are now looking to UK data and ...
A sharp reversal in energy prices may have flipped the script for AUD/NZD, with a bearish key reversal suggesting the balance of risks is starting to tilt lower. Failed break above 1.1250, bearish key ...
For forex traders looking to add strategies to their arsenal, learning about market reversal trading can provide yet another way to capitalize on market moves. Reversal trading involves the ...