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Right Side of the Chart

...because anything to the left is history
Feb 112016
 

WFC is trading at long-term support while at oversold readings that have historically preceded significant rallies in the stock in both bull and bear markets (green arrows). 10-year weekly chart: On this 4-year, 2-day period chart, WFC testing key support with some potential positive divergences [continue reading…]

 February 11, 2016 10:50 am  Equity Market Analysis Tagged with:  No Responses »
Feb 102016
 

This EUR/USD bearish rising wedge breakdown + break of horizontal support is likely to bring the pair down to the 1.11ish target zone. Gray horizontal lines are minor support levels, any of which may produce a temporary reaction. Should the EUR/USD fall much below the [continue reading…]

 February 10, 2016 10:29 am  Forex (Currencies), Gold & Commodities Tagged with: , , , , , ,  No Responses »