HUGE move brewing for US Dollar vs YEN.
The USDJPY pair is consolidating on the breakout line of a HUGE 10 year base. First, check out this previous post from March 8 2015. Now check out the 10…
Bottoming with VelocityShares 3x Long Crude ETN
VelocityShares 3x Long Crude ETN (UWTI:ARCA) is forming a consolidation bottom. Check out this previous post from February 25th 2015 for IPATH S&P GSCI CRUDE OIL. Here is the monthly…
Going higher with Lowe!
Lowe's Companies Inc. (LOW:NYSE) has a VERY similar chart as Home Depot, Inc. (HD:NYSE) . Check out this previous post. Here is the monthly candle chart for LOWE. After 2 previous…
Keep on building with Home Depot.
The Home Depot, Inc. (HD:NYSE) is preparing for it's next move. Check out the 10 year monthly candle chart. After completing and reaching 2 previous targets, a continuation consolidation pattern…
Next boot up for iShares MSCI Italy Index!
iShares MSCI Italy Index (EWI:NYSEArca) is approaching the breakout line. Here is the monthly candle chart. The 5 year weekly candle chart shows the price action trending towards the descending…
Banks looking for a continuation breakout.
SPDR KBW Regional Banking (KRE:NYSEArca) is breaking out. A monthly candle close above the breakout line at 41.50 required for confirmation. Check out the monthly candle chart. After the previous…
Polo Ralph Lauren Corp. close to going under water!
Polo Ralph Lauren Corp. (RL:NYSE) is on the verge of testing it's breakdown line at 126. Check out the monthly candle chart. The 5 year weekly candle chart shows the…
Where to hang Rackspace Hosting, Inc?
Rackspace Hosting, Inc has hit it's breakout bullish line. There are two possible scenarios for Rackspace (RAX:NYSE). Check out the monthly candle chart. The arrows indicated the implied measured move…
Extinction for Fossil, Inc.?
Fossil, Inc. (FOSL:NASDAQ) is in progress of tracing out a HUGE top formation. Currently in a "descending channel" on it's way to test the breakdown line. Check out the 10 year…