Articles for: Chart Patterns

Volume indicators are often used to confirm the validity of price movement.

The phrase “resistance becomes support” has been taught, traded and no doubt even argued by many a trader over the years.

As I am sure most of you know sharemarkets are divided into sectors. For example Financials excluding property is about 40% of the Sharemarket, Materials is about 20%, and Industrials are about 8%.

Bonds are debt instruments that pay owners semi-annual interest payments.

There has been a lot of talk in recent times about whether the current Australian market rally will continue or if the brakes will come on.

I’m still a bear in the US. In an article I wrote some weeks back I mentioned that the US bond market was pointing to about a 50/50 chance of recession next year in the US.

This week I want to review a recent Wave 5 Buy trade on Aspreva Pharmaceuticals Corp. (ASPV:NASD).

I have the tongue out of my cheek for a serious note this week.

As a general baseline of analysis, history gives us an indication of how our markets will react at current levels.

Trading breakouts is a popular technical trading method that can be applied in a variety of styles.