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Charts I am watching for this coming week
/by Peter BrandtS&Ps – possible wedge top?
/by Peter BrandtMeasuring gap in S&Ps targets 1910
/by Peter BrandtThe technical case for another advance in the Nasdaq index
/by Peter BrandtCharts of the day – August 14, 2013 (Hogs, Cotton)
/by Peter BrandtThe nearby continuation chart in Cotton completed a 4+ month continuation triangle on August 7. The December contract completed a continuaition congestion on August 12, confirmed on August 13. Many traders fear buying a market that has already broken out — instead, they often get chopped up within a trading range attempting to get […]
Apple and a history of head and shoulder patterns
/by Peter BrandtThe H&S pattern has served an important role in the turning points of $AAPL in recent years The H&S pattern — when properly identified — is the most reliable of all classical chart patterns. Unfortunately novice market analysts are way to quick to mislabel market action as a H&S configuration. The H&S pattern has […]