Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...
The S&P 500 has tested the 0.5 Fibonacci Retracement. Most bear markets end when the 0.5 retracement is successfully breached. Leading indicators suggest that the bottom is not in for the S&P. The ...
Retracements are price moves that are opposite to the primary trend. In a bull market, retracements are the short declines that interrupt the long-term trend of rising prices. Bear market retracements ...
A retracement in investing refers to a temporary reversal in the direction of an asset’s price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
As a day trader, my charts are my lifeblood. I truly believe that a trader is only as good as his or her charts, and without mine, I’m simply not making money. But what makes a good chart from a bad ...
The rally pushes STABLE right up against the 0.382 Fibonacci retracement level at $0.03059. That ceiling has capped previous ...
Stocks are up 15% from their June lows, yet still 12% down from their January highs. So, the debate on Wall Street continues. Is this just another bear market rally or the start of an exciting new ...