The news concerning forecasted Fed rate hikes, inflation projections, and a potential trade war with China have shaken up the markets since February of this year. It seems as if the only thing “certain” in this uncertain economic environment is
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U.S. Stock Index Momentum is Weakening – Possible Major Plunge Ahead?
The price of all three major U.S. indices are showing increasingly weaker momentum when viewed from their 200-day moving average price. As you may know, moving averages were designed to gauge the strength of price trends over time. Exponential moving
A Quick Guide to Technical Trading Patterns
Trading strategies can be boiled down into two primary groups: Fundamental and Technical. Fundamental traders focus their efforts on the underlying factors that may fuel market behavior. Technical traders, on the other hand, focus on one thing and one thing