Nasdaq Composite, Apple Inc, Google Inc, Amazon.com Inc, Research In Motion Limited Weekly Charts With Fibonacci Retracements Se
The weekend is a great time to go over the weekly charts for the upcoming week of trading. Even if you day trade it is imperative to get outside the smaller time frames and see what the longer term charts are saying. Since tech has been leading this rally I have posted the Nadaq Composite with four of the tech big boys.
Long Trade Idea Allied Nevada Gold Corp. (AVN) Along With SPDR Gold Shares (GLD) Weekly Chart September 13, 2009
Get Schooled in Technical Analysis Basics EP.1: Support & Resistance
Some Alerts That Triggered Today SPDR Gold Trust ETF (GLD), iShares Barclays 20+ Year Treasury Bond Fund (TLT)
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FINZ Futures EP.6: What are Tick Charts and Why Use Them?
With the SPX up 2.33% and the Nasdaq up 1.10% on the week, I can’t help but notice that the SMH is down 1.08% over the same time period. The Naz, and in turn, SMH, have been the true strength of the rally from the March lows, so it is no real surprise to see them pause after huge gains.