Technical Analysis Archives - Page 205 of 247 - ONE-TWENTY TWO: Trading Financial Markets

Chart Review: Luxury Retail Is Still In (COH and JWN), Casinos Not (WYNN)

November 11, 2011November 11, 2011 by Dr. Duru

Wynn Resorts, Limited (WYNN) almost seems like a car wreck moving in slow motion. I have followed the multiple breakdowns unfolding in WYNN over the past two months. Today’s 3.5% loss represents follow-through selling from another failed attempt to break through dual resistance at the 50 and 200-day moving averages (DMAs). The October low still … Read more

T2108 Update – November 9, 2010 (Almost Over, But Not Quite!)

November 10, 2011November 10, 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: 70% (thirteenth day of … Read more

T2108 Update – November 7, 2010 (Levitation)

November 8, 2011 by Dr. Duru

Trading Strategies for an Overbought S&P 500 Using the Percentage of Stocks Trading Above Their 40DMAs (“T2108”)

November 7, 2011November 7, 2011 by Dr. Duru

In January, 2009, I conducted a detailed historical analysis of overbought conditions in the stock market (see “Using the Percentage of Stocks Trading Above Their 40DMAs (T2108) to Identify Overbought Conditions on the S&P 500“). At the time, the S&P 500 was at historically extreme overbought levels just two months ahead of its sickening drop … Read more

T2108 Update – November 3, 2011

November 3, 2011 by Dr. Duru

Chart Review: Dollar Index Surges Back Above the 200 AND 50DMAs

November 2, 2011November 3, 2011 by Dr. Duru

Surprise! The dollar’s relief rally is not quite over as I had suspected last Thursday (October 27) when the dollar plunged with resounding force below its 200-day moving average (DMA). On Monday, the dollar index surged back above its 200DMA as all of last week’s booming enthusiasm over a deal on Greek sovereign dealt rapidly … Read more

T2108 Update – November 1, 2011 (More VIX Revenge)

November 1, 2011November 1, 2011 by Dr. Duru

Yen Intervention Just As Dollar’s Relief Rally Ends and Gold’s “Bubble” Unpops

November 1, 2011 by Dr. Duru

This is an excerpt from an article I originally published on Seeking Alpha on October 30, 2011. Click here to read the entire piece.) The U.S. dollar was one of last week’s biggest losers during a very bullish week. As I have chronicled for several weeks now, the market’s bullish signals continue to grow. With … Read more

T2108 Update – October 31, 2011 (Revenge of the VIX)

October 31, 2011October 31, 2011 by Dr. Duru

T2108 Update – October 28, 2011 (Incredibly, technicals getting MORE bullish)

October 30, 2011October 30, 2011 by Dr. Duru