As I mentioned in a recent Charts in Play, flag formations are one of my favorite chart patterns to trade. These triangles generally represent continuation patterns or pauses in a major trend.
Last summer’s rally in gold and the gold miners coincided with a strong seasonal period, and after the dismal performance in the first half of the year, a rally was overdue. The rally was impressive ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Conflicting patterns are emerging on a SPY daily chart, indicating a breakout from the trading range could be imminent "... SPY remains locked in a trading range that began with a weekly expiration ...