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This is something of a follow-up to a previous article published last week on propaganda by omission, but it’s mostly in response to an article published last week on a Ticker Tape post--an article to which I agree 100% for reasons that may be all to obvious if you...

Why Gold Prices Are About To Skyrocket Even Higher  Source: Yahoo Finance "The gold bears have finally caved under the deafening barrage of fiscal and geopolitical catalysts, from Fed hints to intensely brewing conflict with Iran. But there is one key trend that...

Global markets in panic as the Dow Jones plunged nearly 1,000 points on Monday of last week. The market sharply recovered the following day. For those of you following cybersecurity stocks, here’s an update of our short-term swing trading levels. Note that many of our...

The following swing trading levels are reference points for traders to consider. As we provided levels for a long and short bias, the information is directionally neutral.   The levels are also ultra short-term, meaning that support and resistance targets are based on...

Trade War Becomes Currency War  Source: Wall Street Journal "President Trump claims trade wars are easy to win, but that boast looks worse than ever amid the financial carnage from his latest threat of tariffs on Chinese goods. His trade war has now become a currency...

Last week, on July 23, we wrote about a triple top scenario in Exxon Mobil (XOM). This update is for those who took interest in the first piece.   At the time, the target at [2] had already been reached. But as I mentioned in the July 23 piece, “The initial breakout...

If you happen to see a chart pattern that looks like a rectangle tilted against the current trend, chances are that you’ve identified a flag, a classic chart pattern. And one thing about flags is that the tighter the flag, the more explosive the breakout (not always,...

Now What (after the rate cut)? Source: Maher/Daily Reckoning “The Federal Reserve has lowered interest rates for the first instance in 11 years...A 25-basis point rate cut it is. In its own telling: In light of the implications of global developments for the economic...

The following swing trading levels are reference points for traders to consider. As we provided levels for a long and short bias, the information is directionally neutral.   The levels are also ultra short-term, meaning that support and resistance targets are based on...

Triple tops tend to be quite clear and distinct, such as the formation we see in XOM from June 21 to July 12, 2019. A bearish pattern, the challenge can often be finding an appropriate price target. Plus, going short from a breakout of a tall pattern, the...