Gold fell sharply from the $1,800 resistance level, so let’s take a look at what led up to the fall and what the current structural levels to watch are for gold, including a Fibonacci Cluster near $1,730. First, the Hourly Structure: First,Gold’s Hourly (… Read More

Stocks and Crude Oil performed well in October, breaking critical weekly (and of course daily) resistance levels to shift the dynamic to the buyers. Let’s start with the weekly chart of Crude Oil and focus on the key price levels to watch going forward: In the bigger… Read More

Following up with the Inter-market charts at the beginning of November, let’s take it a step further and quantitify the levels of volatility – using Standard Deviation Bands – of the S&P 500, Gold, Oil, and US Dollar Index. Read More

With the sharp rise in volatility in the cross-market landscape – mainly driven by Greece’s bailout then walked-back with the surprise announcement of a referendum vote – let’s take a quick look at where the current intermarket landscape resides at the moment. To recap, Thursday (October 27th)… Read More

  If you’re looking at the Stock Market only, you’re likely missing the other side of the coin which is the Bond Market. With the recent surge through resistance in stocks, let’s get a… Read More

AutoZone (AZO) is a stock I’ve been watching – and amazed by – for a while, mainly because it just doesn’t seem capable of a full trend reversal! Let’s take a look at the strongly trending price action from 2010 to present,… Read More

We’ve been seeing copper in the news lately, mainly with its recent breakdown and consolidation off a key support level. Let’s take a look at the weekly frame then drill-down to daily chart levels… Read More

Mid-October gave us back-to-back examples of one of my favorite patterns and trade set-ups – that of the intraday trend reversal on clear positive dual divergences. We’ll be using the @ES Futures as our… Read More

With US Equity Indexes threatening a breakthrough above key overhead resistance, what are market internals hinting about the current state of the market and the strength of the recent rally? Let’s take a look,… Read More

Wow – if you missed the post-market action in IBM’s earnings announcement, you missed a huge move that took so many traders by surprise. While this post will focus mainly on key lessons from the charts, it’s worth noting that trading around… Read More