Article Summary: Breakout and Reversal price action patterns are very helpful to traders new and experienced. The reason for their helpfulness is that once a currency pair has shown its hand and taken ...

While everyone is looking at the Dow in the SPX, virtually no one is paying attention to the NDX. The rally from August 9 to December 5 was very choppy and overlapping, with the best interpretation ...

In the Chart Patterns one of the types is the Broadening Bottom and Broadening Top Pattern. The Pattern forms a megaphone-like appearance with higher highs and higher lows that widen over the time.

In technical analysis, chart patterns play a vital role in understanding the current state of the stock and predict its prospect with regards to the market. The "broadening bottom" and "broadening top ...

The picture above is a basic outline of the broadening top formation as described by John J. Murphy in his book, “Technical Analysis of the Futures Markets,”(pp. 150-152) published in 1986. He ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

VIX challenged, then closed at Short-term support in a 70.8% retracement of the initial rally from its Master Cycle low. Tomorrow is a Pivot Day for the VIX. There are two critical economic ...