Resistance Archives - Page 57 of 71 - ONE-TWENTY TWO: Trading Financial Markets

T2108 Update (November 12, 2015) – Stock Market Weakness Confirmed

November 13, 2015November 13, 2015 by Dr. Duru

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. 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 … Read more

T2108 Update (November 6, 2015) – A Toppy Feeling In the Market Even As Individual Stocks Shine

November 9, 2015November 9, 2015 by Dr. Duru

T2108 Update (November 2, 2015) – The S&P 500 Stairsteps Ever Higher and STILL Avoids Overbought Status

November 3, 2015November 3, 2015 by Dr. Duru

The iShares Nasdaq Biotechnology ETF Fails Its First Post-Breakout Test

October 31, 2015 by Dr. Duru

The iShares Nasdaq Biotechnology ETF (IBB) finally broke out above resistance from its downtrending 50-day moving average (DMA) on Wednesday, October 28th. This was the same day as the Federal Reserve’s October decision on monetary policy. Unfortunately, the breakout failed its first test as it stopped cold right at the low of the “Clinton Bash” … Read more

U.S. Dollar Stalls Even As Odds For January Rate Hike Firm

October 31, 2015 by Dr. Duru

The market wasted no time. Within two days, currency markets reversed all the losses the euro (FXE) suffered in the wake of the Federal Reserve’s October decision on monetary policy. In that decision, the Fed cleverly crafted words to convince the market that its first rate hike is indeed imminent. With renewed signs of strength … Read more

T2108 Update (October 27, 2015) – A Red Flag for the Stock Market Ahead of the Fed

October 28, 2015October 28, 2015 by Dr. Duru

T2108 Update (October 21, 2015) – A Stock Market Close Enough to Overbought?

October 22, 2015October 22, 2015 by Dr. Duru

The Apple Pre-Earnings Trade: October, 2015 Edition – An Important Juncture

October 19, 2015 by Dr. Duru

At the timing of writing, Apple (AAPL) is up 0.6% for the year, essentially flat. When I last wrote about the Apple pre-earnings trade back in January, I looked back at the December 1, 2014 “flash dip” in AAPL’s stock as a lingering harbinger of more selling to come. As it turned out, AAPL sold … Read more

T2108 Update (October 16, 2015) – Surprising Divergence Marks the End of the August Angst

October 18, 2015October 18, 2015 by Dr. Duru

T2108 Update (September 18, 2015) – From the Edge of A Breakout to the Ledge of A Breakdown

September 18, 2015September 18, 2015 by Dr. Duru