Category Archives: Daily Charts

Two Stocks On Today’s Watch List

Terex (TEX) is an industrial and farm equipment manufacturer. It’s stock price dropped sharply in the first quarter of the year, but for the last three months it has been recovering. The process of decline and recovery looks like a large cup and handle pattern. Rim line resistance is situated at the 50% retracement level… Read More »

The Dissimilarities Between The S&P 500 Index In The First Half Of 2016 &The First Half Of 2018

It was a volatile first half of this year. The S&P 500 Index moved in a 12% range similar on a percentage basis to its opening range in 2016. But while the price ranges were similar the direction of price movement was not. The monthly and daily charts show several dissimilarities between the opening halves… Read More »