Technical Analysis Archives - Page 203 of 246 - ONE-TWENTY TWO: Trading Financial Markets

Chart Review: the Brazil Index Fund (EWZ) Triggers the 20% Rule Again

November 29, 2011 by Dr. Duru

This post is a very belated acknowledgement that EWZ (iShares MSCI Brazil Index Fund ETF) triggered the 20% rule again. As a reminder, (with a few exceptions) I have been buying EWZ whenever it trades 20% of its recent highs. For example, this rule triggered a purchase in early August; see “Commodities Crash’ Triggers First … Read more

T2108 Update – November 28, 2011 (Close Call)

November 29, 2011November 29, 2011 by Dr. Duru

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 33% VIX Status: 32 … Read more

Trading Implications of Intel’s Recent Outperformance

November 27, 2011 by Dr. Duru

This is an excerpt from an article I originally published on Seeking Alpha on November 27, 2011. Click here to read the entire piece.) So much for putting recession fears in the rearview mirror. On October 28, I pointed to 3-year highs for Intel (INTC) as another bullish indicator among many (see “A Very Bullish … Read more

T2108 Update – November 23, 2011 (Almost Oversold and Even More Bearish)

November 24, 2011November 24, 2011 by Dr. Duru

Chart Review: British Pound Headed for Major Lows Versus the U.S. Dollar

November 23, 2011 by Dr. Duru

The British pound continues to validate my bearish outlook on the currency. The recent break below the 50-day moving average (DMA) continues to generate lower prices versus the U.S. dollar. A fourth retest looms of support that has held for over a year. I am doubtful it will hold up yet again given the last … Read more

T2108 Update – November 22, 2011

November 23, 2011 by Dr. Duru

T2108 Update – November 21, 2011 (Decisive Plunge)

November 21, 2011November 22, 2011 by Dr. Duru

T2108 Update – November 18, 2011 (Tenuous Hold On Support)

November 21, 2011November 21, 2011 by Dr. Duru

Chart Review: Bottom in Jeopardy for Goldman Sachs

November 19, 2011 by Dr. Duru

In late October, I claimed that Goldman Sachs (GS) had finally found a bottom after two years of mostly declining prices. It has been all downhill for GS ever since. The chart below shows the signals I used to decide GS had finally printed a bottom. Note that on November 9, GS sliced cleanly and … Read more

T2108 Update – November 17, 2011 (Overbought No More – And A Long-Awaited Test)

November 17, 2011May 15, 2016 by Dr. Duru