A trend should be assumed to continue in effect until such time as its reversal has been signaled...
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Every Sunken Ship has a Chart
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Lean hog futures surged to contract highs Tuesday on the Chicago Mercantile Exchange, supported by a sharply weaker U.S. dollar that has made American...
To “Read” Walt’s charts, keep the following in mind:
Support – this term refers to a trend line or price area under the market which...
A price channel consists of two parallel trend-lines providing support (bottom) and resistance (top) lines that contain price fluctuations. Channels may be bullish (slanting...
"Charting is a little like surfing. You don't have to know a lot about the physics of tides, resonance, and fluid dynamics in order...
April Lean Hogs opened higher, rallied to the high at 94.15 and then turned lower, working its way to the low at 93.40 and...
Market showing signs of a change of direction. Outside days, reversals, & breaking trend lines could contribute evidence of the turn. Increasing volume would...
Every Sunken Ship has a Chart
- Please visit our website for additional charts and research.
- Please reply should you wish to receive daily commentary...
Market showing signs of a change of direction. Outside days, reversals, & breaking trend lines could contribute evidence of the turn. Increasing volume would...