Cooking period for Microsoft Corp.?
Here is the action for Microsoft for the past 10 years. After a 5 year bottom formation, the stock broke out in early 2013 and has been on a bull…
Corning Inc. breaking out!
Breaking out after a retrace from a previous failed attempt at breaking the resistance line. Check the monthly candle chart with 10 years of data. The arrow is the measured move…
Something is UP with Pfizer?
Check out this huge multiple year base with launching formation (+1.5 years) on the monthly candle chart. The arrows are the targets. The weekly candle chart (5 years) helps us…
How to quiet the noisiest chart.
I was scanning some charts this morning, and fell on the Volatility Index. That is one noisy chart. First. go check out this previous post on how to reduce noise.…
Emerging Markets, not emerging anymore?
ISHARES MSCI Emerging Market ticker EEM is drawing out a 3 year consolidation rectangle. The monthly candle 10 year chart shows this top formation. The arrows indicate he measured move,…
Euro VS Yen. Round 1, Fight!
A 1 year top formation has been breached for the eurjpy currency pair. The implied measured move from this breakdown is shown with arrows on the monthly candle 10 year…
GBPUSD close to breaking down, but to where?
This currency pair is testing some solid support at the 1.500-1.4800 area. Lets look at what might transpire from an eventual failure of that support. Here is the monthly candle chart…
US Dollar versus China Offshore Yuan.
A bullish opportunity might be in the works for the us dollar against the Chinese Yuan. A nice 2 year base with a break line around the 6.2750 area. Check…
The “bigger” picture for USDCAD.
When we look at daily and smaller time frames, we often don't see the "bigger" picture. To demonstrate this, I'll use the usd/cad currency pair. I'll also start from the…