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S&P 500: Trend & Pattern Point to New Highs Soon

What’s inside: S&P 500 ‘time correction’ close to ending Triangle pattern on hourly New record highs look to be likely very soon Beginner and Advanced Trading Guides In yesterday’s post, it was noted that the current ‘time correction’ was set to run into trend-lines running up from the November low and potentially the one off […]

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US Dollar Index Old Highs Should be Marked for Possible Support

Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts -Recent comments noted that “Monday’s (11/14) close settled above channel resistance, indicating potential for upside acceleration (could be a ‘blow-off’). The importance of the break through resistance is accentuated by the fact that channel resistance (former now) was support earlier this week (on […]