ZDRuX

ZDRuX

There is an inverted H&S pattern forming, we have to get back down to the level of the left shoulder first. We will see where we go once we get there, but despite all recent events, it might turn out to be a bullish move upward outside of the downward range if it holds the second shoulder around the strong 207 support. This would also close any previous recent...

ZDRuX

Some people talking of a move up on the EURUSD, but be careful; there's a huge flag pattern staring you in the face and the latest breakout has NOT reversed as quickly as it should have. Perhaps it will take another journey into the flag, but it will be brief, so trade accordingly.

ZDRuX

Here's my look at Facebook. If you're long, maybe it's something you should consider, and if you're short... well, enjoy the ride :) Good luck, and happy trading everyone.

ZDRuX

Sell your other currencies because the dollar is in the house in a big way. People thought it was the end of an extraordinary run, but I think the main event is just beginning.

ZDRuX

The VIX has hit a good support level and bounced off without much hesitation on heavy volume. I think it's going much higher with a beautiful MACD rotation, I see a lot of momentum here.

ZDRuX

Please take a look at the chart and be careful. And as always... Happy Trading!

ZDRuX

Quick chart before the day is done.. we already have a higher low today, might see some upside tomorrow. Happy trading!

ZDRuX

With the market recently taking nose dives all around, I see more and more charts starting to look bearish in the long-term. $LNKD for example failed to make a new high and has formed what looks like a bearish flag pattern shown in chart. Obviously my timing and specifics of the down move cannot be predicted accurately, but I think this chart is worth watching to...

ZDRuX

For something on a longer time frame, here's one that I see playing out. The small caps have been diverging from the main indexes for some time now failing to make any new highs. In fact, it just broke through a multi-year trend line from 2010. It is looking very weak on the weekly chart with an obvious RSI divergence, I think it is letting out some air and I...

ZDRuX

Lots of selling took place last week, and it may continue next week. Might have some sideways action at first as all the moves are being digested by the markets, but I think we are eventually heading back down to support as shown in the chart. If we don't touch it and head back up instead, I don't see it rallying much before finally completing my proposed move...

ZDRuX

Looks like a rising wedge on falling volume with each up tick having less and less momentum as shown by the divergent RSI and stochastic. First target is near the bottom of the wedge. If price goes above the topping doji at $53.64, then the pattern is busted.

ZDRuX

Look out below.. looks like it's going lower, especially with that nice mini bearish flag building right after the initial breakdown. The weekly chart is just starting to roll over with plenty of room for a down move. Good luck!

ZDRuX

I published this chart not only to show the potential short-term direction in Apple, but also to display a simple example of how I came to that analysis. Might also be a good primer for people wanting to learn more about technical analysis or maybe they see something they didn't know earlier that they can incorporate into their trading as well.

ZDRuX

We've been getting higher lows in JCP for some time now. I don't think it will break out on this retest of resistance, but at least we can make a few dollars on the way up to retest it.

ZDRuX

I know everyone and their uncle is LONG $FB, but I have a different outlook for this stock. Stay safe.

ZDRuX

Possible bullish flag formation on yahoo. It has recently been trading and staying near the upper half of the channel and has found a good base near the $33.33 level.