Rounded Top Pattern – Markonomics101

Important Market TOP Forming?

admin
May 19, 2019
All The Markets, All The Time, News Feed, Stocks and Indexes
1

Important Market TOP Forming? The charts have turned VERY ugly even as the news remains relatively benign. It’s tempting to blame the recent market volatility on the ups and downs of the prospects for a US/China trade deal. The timing of the sudden market plunge points the finger squarely at Trade Tensions. “Trade Tensions […]

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Gold Struggles Beneath Major Resistance (Chart of The Day 22)

admin
April 14, 2019
All The Markets, All The Time, Chart Of The Day, News Feed, Precious Metals and Commodities
1

Gold Struggles Beneath Major Resistance After once again teasing its proponents, Gold appears to be tracing out a short term ROUNDED TOP pattern. If it completes the pattern, GLD is likely to return to retest its support near last summer’s lows. The case for Gold continues to strengthen from a fundamental standpoint, but its […]

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Tags: Rounded Top Pattern

Important Market TOP Forming?

Gold Struggles Beneath Major Resistance (Chart of The Day 22)