Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
In late October of 2007 the Russell 2000 small cap index was trading around 800. The index hasn't returned to that level since. Now, over two years later, small caps are once again close to touching ...
In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
As I mentioned in a recent Charts in Play, flag formations are one of my favorite chart patterns to trade. These triangles generally represent continuation patterns or pauses in a major trend.
In late October of 2007 the Russell 2000 small cap index was trading around 800. The index hasn't returned to that level since. Now, over two years later, small caps are once again close to touching ...