Charts to Watch #7
The last high is perfectly aligned with a down-sloping trendline. On the other side there is an interesting support close to 3,800. Is the index...
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Is Bear Market over? Probably not
The first half of June has been very tough. When markets understood that a 75 bps rate hikes was coming, they quickly reacted and the result has...
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Charts to watch #5
Above you can see the chart of the S&P 500, and the Fibonacci Retracement of the index. There is a big support at 3,800, where the index already...
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Investors fearful of a possible recession
What is scaring investors in such a big way? There are several factors, but the newest one is the fear of an incoming global “recession”
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Charts to Watch #4
Nasdaq index is one of the biggest losers of the year: it is down almost 20% YTD. Now the tech index lies on a very interesting support
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