Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
The SPY is trading in a long-term rising channel pattern and on Wednesday was bouncing up from the lower trend line. The pattern is considered to be bullish unless a stock or ETF breaks down from the ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...