The uptrend in the Home Construction iShares (ITB) is stalling as three bearish engulfing patterns formed in the 26 area. ITB was poised to break resistance with a surge on Thursday, but failed to hold its gains and continued lower on Friday. The Sep-Oct lows mark key support.
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Well, we got our seasonally strong July, but now, like clockwork, August has arrived, and the market sells off. It eerily echoes last August’s decline. Back then, the stock market sold off the week of August 5 on a weak jobs report, came close to its 40-week moving average,... READ MORE
Relative Rotation Graphs can be rendered in similar intervals as regular bar- or candlestick charts. This article explains the differences between weekly and daily RRGs.... READ MORE
Stock market correction risks are rising as key indicators flash warnings. Discover sector correlations with SPY, potential safe havens, and how Bitcoin's surge aligns with QQQ in this data-driven analysis.... READ MORE
Use this StockCharts scan to identify three categories of stocks and ETFs that are making new three-month highs.... READ MORE
Check these must-see StockCharts signals before you cast off for the summer and see whether August's market currents say "stay the course" or "make adjustments."... READ MORE
Optimism surrounds the stock market indexes with lofty price targets. Could the fulfillment of Point & Figure targets mean the end of a bull market? Find out here. ... READ MORE