This author has not written his bio yet.
But we are proud to say that admin contributed 1689 entries already.
Almost all of the US and global markets volatility has taken place over the last 6+ trading days. Even though economic data continues to show a strengthening US economy and jobs market, the news of the Omicron COVID variant has spooked the global markets. I’m going to illustrate how the markets are nearing critical support […]
Global financial markets were already hobbled by the original COVID-19 virus – struggling to regain their economic foundation after many months of the unprecedented central bank, government, and humanitarian efforts to move us towards recovery. Now, the Omicron strain of the COVID virus has potentially toppled the apple cart while global inflationary and economic concerns […]
SMH ETF trader tip: Using the charts, Technical Traders goes over the Technology Sector SMH ETF’s recent runs and price actions. We’ve seen a big run-up from the Covid lows back in March. During this time choppy price action occurred indicating a bull flag formation or a running correction to the upside. The charts are […]
I received many messages and emails asking my opinions related to the recent market volatility and sideways trending in the US markets. Many traders see the recent downward price trend as a warning of a potential shift in trends. Yet, I see it as normal November volatility in price and wanted to share some data […]
Chris sits down with Jim Goddard on HoweStreet.com to review the recent price rallies in natural gas and crude. The long-term charts are still pointing to dramatically higher price actions. Natural gas has a lot of volatility, but the long-term charts indicate another push to the upside, potentially to the $7 or $8 level. Lately, we’ve seen […]
The recent downward price rotation in the Financial Sector ETF (XLF) may have frightened some traders. My research, however, suggests this move is setting up a future bullish price target near $43.60 – a more than +11% move. The end of the year Christmas Rally phase of the markets should drive spending and Q4:2021 expectations […]
Finally, the creating, testing, fixing, testing, fix….well you get the idea…is done for the new homepage for Technical Traders! It has been a long and very informative process and I give sincere thanks to our subscribers who had a hand in giving us feedback along the way. Our new homepage is all about our new Total […]
IYR ETF trader tip: Using the daily chart, Technical Traders goes over IYR ETF, which had a beautiful pullback over the last month and a half and has rallied back up. Chris details how this can be seen as two different types of patterns. You can argue this is a cup and handle or a pause and consolidation […]
Recently, the Cannabis sector has shown signs of increased volume, volatility, and a reasonably strong potential for a price base. Volume started increasing near mid-September as the price of MJ fell below $15. This support level originated from late December 2020 after a significant rally trend from recent lows near $10 – when the Reddit retail trader […]
In part one of this article, I highlighted my opinion that the US and Global markets rolled through a hyper-active Kondratieff full-season rotation throughout the COVID-19 virus crisis. In 2017 and late 2018: Bonds were trading lower Gold and Silver were trading near multi-year lows Real Estate had peaked in the short term as rates […]