As stocks have slipped lower over the last three months, copper has bucked the broad trend and broken the pattern of lower highs and lower lows it set in the spring. After bottoming on June 7, the i...
The market continues upward in either a C wave or Wave 2 corrective upside re-tracement if I’m correct. In reviewing the pattern since the April top this year, we have had clear Fibonacci ret...
The LFB submits:As forex traders, in low-volume, high volatility, melt-up and melt-down daily trading environments, it seems that there has never been a more important time to monitor the funda...
Research In Motion (NASDAQ:RIMM) appears to be forming the “pattern of death” and it could get especially ugly for this stock if the overall market doesn’t break out of its downtre...
The USD/CAD has been continuing sideways action, mainly between 1.08 and 1.0. In the last couple of months, the market started to develop a triangle congestion pattern. This shows the market at equili...
Following an ongoing pattern, North Dakota continued to set more new records in May for monthly oil production (data here), see previous CD post here. The following are new, all-time record highs...
Although the stock market plunge last week was certainly unsettling, history and a slew of positive leading indicators show that this may just be part of a normal pattern with better news ahead. St...
Hmm, are those double bottoms I see on EURJPY's daily chart? Why, it looks like that chart pattern could signal that the pair's downtrend is about to end. The pair is hovering around the neckline, pos...
Gold (a 4-hour chart of which is shown) as of Monday (7/19/2010), has tentatively dropped below its prior support of 1184-85 after breaking down below both a bearish rising wedge pattern last week and...
Gold (a 4-hour chart of which is shown), as of Thursday (7/15/2010), has formed a rising wedge pattern after dropping significantly from the metal's all-time highs hit in late June. This rising wedge ...