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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

Mixed Topsy-Turvy Day

The market had a mixed, topsy-turvy day on Thursday as the indices bounced around all day. The Nasdaq 100 opened to the upside, pulled back to session lows at 6969.69 early morning, stair-stepped its way up to 7026.64 midmorning, pulled all the way back down to near 6991.00 twice, and then ran up to 7042.65 during the noon hour. They bounced around the rest of the afternoon, reaching session highs at 7047.88 in the last hour, and pulled back slightly at the close to finish positive on the day. Net on the day, the Dow was down 103.91 at 25,439.39. The S&P 500 was down 7.30 at 2745.73. Th

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?

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