Eating souvlaki with GREK!
The Global X FTSE Greece 20 ETF is consolidating around important support around the 10 level. I see 2 scenarios possible. Either the bullish reversal after resolving this pattern OR…
SPDR S&P Homebuilders is high rising!
SPDR S&P Homebuilders (XHB:NYSEArca) is on the verge of breaking some +9 year old resistance. Check out the monthly candle chart. That is one HUGE +9 year base. I have…
Going high speed with the First Trust Dow Jones Internet Index.
One of my bullish alerts got triggered for First Trust Dow Jones Internet Index (FDN:ARCA). Here is a look at the 9 year monthly candle chart. After hitting a previous target,…
Yen about to Taoshimasu the Kiwi.
The New Zealand Dollar/Yen forex currency pair has been tracing out a +1 year top formation. After having reached a previous target from a multi year base, the pair is…
Timberrrrr for Berkshire Hathaway Inc.
Berkshire Hathaway Inc. (BRK.B:NYSE) is consolidating dangerously close to a double whammy bearish breakdown. That is a 7 month top formation with a breakdown line coinciding with the ascending trend line…
Looking at the Aussie/Swiss forex pair.
On Jan. 15th I wrote a post on the after effect of the eurchf peg lift. Check it out here. Time has passed and the charts haved morphed. Pressure is still…
Up, up and away for Gilead Sciences Inc.
Gilead Sciences Inc. (GILD:NYSE) just resolved a 1 year continuation pattern, on it's way to the 132.50 target. Check out the 10 year monthly candle chart. The 5 year weekly…
Channeling with Halliburton Company.
Halliburton Company (HAL:NYSE) is in a HUGE +7 years ascending channel. I have laid out the 2 possible scenarios. The 5 year weekly candle chart shows the recent test of…
T for TOP?
AT&T, Inc. is in progress of carving out a BIG +3 year top. Here is the 10 year monthly candle chart. The 5 year weekly candle chart shows a test…