dia

Stock Market Today: Rollover Breakdown

January 29, 2021, 4:38 pm EST Rollover Breakdown After a couple of weeks hovering around the record high level, stock markets decided to give up by rolling over and breakdown. Please note that yesterd...

Stock Charts: Gap-down and Potential Top-Out

January 15, 2021, 10:31 am EST Gap-down and Potential Top-Out All indexes are down about -1% with DJIA declines -300 points. It is not a good sign after hovering at the top for 6 days. In fact, the bu...

Stock Charts: Where is the Volume ?

January 9, 2021, 10:28 am EST Where is the Volume ? Higher volume means higher momentum. When you go shopping and you see a lot of crowds there, you know there must be something exciting, either hot p...

Stock Charts: Breakdown From Rising Wedge Pattern

December 21, 2020, 10:21 am EST Breakdown From Rising Wedge Pattern Stock markets made another rally about +15% gain for major indexes (ex: DIA from 264 to 304) in less than two month period (November...

Stock Chart: MACD Bearish Cross Signal 

December 14, 2020, 7:27 pm EST MACD Bearish Cross Signal  There are hundreds of technical indicators for technical (or chart) analysis for the stock markets. Moving average convergence divergence (MAC...

Stock Market Today: IPO and Market Status

December 9, 2020, 1:04 pm EST IPO and Market Status Doordash (DASH) was listed for IPO this morning from 102 to 182 about +80% gains that gave this food delivery company about 58 billions market capit...

Stock Chart: Dow Jones Head and Shoulder Pattern 

October 28, 2020, 1:06 pm EDT Dow Jones Head and Shoulder Pattern  Head-and-shoulder pattern is a bearish top-out pattern. In this case, we see a rising angle version of the head-and-shoulder. When th...

Stock Market Today: Third Wave of COVID-19 Hit US and the World

October 26, 2020, 12:03 pm EDT Third Wave of COVID-19 Hit US and the World COVID-19 cases increase dramatically in the US and worldwide as the third wave attacks. Stock markets respond in a bearish wa...

Stock Market Today: Optimistic Expectation for Stimulus

October 9, 2020, 11:36 am EDT Optimistic Expectation for Stimulus Stock markets keep its straight up rally in anticipation of another 2.2 trillion stimulus money. Mega money printing strategy worked v...