Company News

05.03.2010

S&P500 Upside Resistance

The 30-minute Triangle breakout buy was triggered on the S&P500 as prices traded higher through the downtrend line resistance, at 1120. The Initial Trend reading for this trade, at a relatively lo

04.03.2010

Dow Breaks 10,400 Support

The 10,400 level acted as support for much of Wednesday’s trading as prices bounced within the “00” (i.e. 10,400) to 10,415 range, with some very short bursts of trading below the “00” level

02.03.2010

USD/JPY: Trend Dictates the Entry

The USD/JPY has formed a symmetrical triangle pattern on the 30-minute chart. Prices have been trading within a range that has squeezed into the consolidation pattern. Certain patterns, such as triang

02.03.2010

Retailers Continue to Struggle

The retail sector continues to fall as bad winter weather in the Northeast U.S. keeps shoppers away and spending down in a large part of the country. This, along with shaky overall post-Christmas cons

01.03.2010

EUR/USD Triangle Breakout

The EUR/USD rallied through resistance of the horizontal line of the Continuation Ascending Triangle.  The breakout was triggered as prices moved higher past 1.3633.  At the time the trade triggers

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