Trading Room

Global Interaction

Our Live Trading Rooms Bring Together Thousands of Traders from Around the World!

Learn More
Mike Paulenoff

Natural Gas at Crossroads Technically Near Term...

And then there is Natural Gas, which again is showing a bit of life on the upside as it carves out an 8-session sideways range, or bottom, between 2.83/2.85 on the high side versus 2.76-2.75 on the low side. Whichever side of the range is violated and sustained, will trigger follow-through to either 2.90-2.93 or to 2.70-2.68. Given the positive juxtaposition of my nearer-term momentum gauges with the sideways price action, my bias is for an upside resolution to the current pattern set-up. The Model Portfolio is long UGAZ at 11.07.
Harry Boxer

Late Sell-Off Leaves the Indices in the Red

The stock market had a volatile day on Thursday with swings dropping in both directions. The day started out with the indices opening sharply lower, but they turned it around, rallied with two corrective rallies, and the Nasdaq 100 made new highs, but the S&P 500 did not do so. When that occurred, and there was no confirmation, they rolled over and rolled over hard, the Nasdaq 100 going from 7498.37, all the way down to 7466.96. After that, the Nasdaq 100 was up all day. The S&P 500 dropped from 2862.48 to 2851.98, closing at 2853.58. Net on the day, the Dow was down 74.52 at 25,509

ElliottWaveTrader's Stock Waves Service Launches Stock Request Tool

Stock Waves, a service on our ElliottWaveTrader.net site, has launched a new tool enabling members to both search for analysis on a symbol and request updated analysis in one stroke.

Where else on the Internet can you type in a stock symbol and get a personalized reply from a professional analyst?

Learn more....

 

Read More

Round-The-Clock Expertise

Our Technical Analysts Share Their Expertise 24/7 on a Vast Range of Markets!

Learn More
Stacked Charts

Wide Recognition

Our Free Educational Presentations & Articles Reach Audiences Across Scores of Sites!

Learn More

Our Distribution

Market Watch
Forbes
The Street
Seeking Alpha
NASDAQ
Comtex
MoneyShow