Charting
Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

Coronavirus has caused a lot of fear in the market, and it comes at an especially bad time for the energy sector. Crude oil already had a glut of supply because of rising production in the U.S. and Russia. Demand was flagging before the disease broke out in China, and...

A Swing Trader’s Guide to Buying the Dip

A Swing Trader’s Guide to Buying the Dip

Swing trading is one of the more popular techniques for investors in the stock market. It combines powerful tools for risk management and technical analysis. Here's how it might work for you. The Trend Is Your Friend Stocks often move in a clear direction over time,...

From Bear to Bull in a Few Months: Charting Tesla’s Stunning U-Turn

From Bear to Bull in a Few Months: Charting Tesla’s Stunning U-Turn

Never argue with price action. Look no further than Tesla for an example of why traders love technical analysis. If you haven't noticed, Elon Musk's electric-car disrupter made a dramatic U-turn last year. It's more than doubled since the summer, punishing short...

Should This Industry Replace Transports in Dow Theory?

Should This Industry Replace Transports in Dow Theory?

Something weird is happening in the market: Transportation stocks are dead in the water as almost everything else rallies. This pattern runs contrary to "Dow Theory," one of the most cherished concepts in the history of investing. Created by journalist Charles Dow in...

TradeStation Deepens TradingView Ties With Matrix Functionality

TradeStation Deepens TradingView Ties With Matrix Functionality

TradeStation's integration with TradingView just deepened thanks to a big technology upgrade. Clients linking their brokerage accounts to the popular web-based charting service can now get Level 2 quotes on TradingView. That means you'll be able to see more than just...

Stocks Fell Yesterday. How Serious Is It?

Stocks Fell Yesterday. How Serious Is It?

Stocks just had their sharpest drop in a couple of months. What should we make of it? The first thing that jumps out on the chart is that the S&P 500 remained in breakout territory versus its old trading range. The index is still 1 percent above old resistance...

Deja Vu for the Bulls? These Two S&P 500 Charts Look Very Similar

Deja Vu for the Bulls? These Two S&P 500 Charts Look Very Similar

The S&P 500 flew to new highs last week, and its technical patterns strongly resemble an earlier breakout. First, consider this TradeStation chart study of the index in late 2012 and early 2013. Notice how the S&P 500 consolidated for several months near its...

Are the Bulls in Charge as the S&P 500 Closes at a New Record High?

Are the Bulls in Charge as the S&P 500 Closes at a New Record High?

The S&P 500 just closed at a new record high, but is this breakout for real? Let's consider the bigger picture. First, chart watchers may notice that the index has formed an "ascending triangle." That's when its top is mostly flat for a period of time, during...

Relative Strength: Follow the Leader

Relative Strength: Follow the Leader

There are thousands of stocks in the market, and dozens -- if not hundreds -- of industries. You can study them everyday in search of trades, and still miss plenty. That's why many traders use relative strength to focus on potential opportunities. Relative Strength...

Gold Miners Seem to Struggle as Fear Bubble Deflates

Gold Miners Seem to Struggle as Fear Bubble Deflates

Gold miners rallied hard over the summer, but now face a potentially big test. The Market Vectors Gold Miners ETF (GDX) rose more than 50 percent between late May and early September. The main reasons were rate cuts by the Federal Reserve and worries about the global...