Insiders are selling stock like it’s 2007 Source: CNN Business “The leaders of Corporate America are cashing in their chips as doubts grow about the sustainability of the longest bull market in American history. Corporate insiders have sold an average of...
Diamond formations are rare, but when they are spotted, they tend to be a strong indication of a reversal depending on their position in relation to the trend. When they occur in the course of an uptrend, they typically hint at a reversal. If you’re not familiar with...
Rectangles tend to be continuation patterns, appearing as trading ranges or consolidations at the top or bottom of a trend. Trading a rectangle depends on the direction of the breakout. From June 24 to August 15, Xcel Energy (EXL) began exhibiting a rectangle...
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...
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...
Trump Calls for a Big Fed Rate Cut, Again Criticizes Central Bank Chairman Source: Wall Street Journal “President Trump on Monday called for the Federal Reserve to sharply cut interest rates and again criticized the central bank’s chairman for a...
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