This pattern appears to be in play so long as SPX remains below the February 11 high of $6,993. Bottom Line SPX appears to have topped on February 11 at $6,993 in an ending diagonal pattern. Diagonals ...

Diagonal patterns are simple technical patterns that offer tight zones of entry and exit. Many times, the risk-to-reward ratio of the diagonal pattern will better than the 1-to-2 ratio that we suggest ...

Many investors are confused with the choppy action on the DOW, so we have provided a chart to illustrate our forecast on the expected price action. This corrective action is an ending diagonal pattern ...

Zorrays Junaid has extensive combined experience in the financial markets as a portfolio manager and trading coach. More recently, he is an Analyst with Alchemy Markets, and has contributed to DailyFX ...

US Dollar Index – DXY made only a three-wave rise from the lows, which indicates for a correction within downtrend. So recovery can basically still be a fourth wave rally, just a bit deeper one that ...