The daily chart shows several continuation patterns (dotted lines) that were brief interruptions in the downtrend.
The daily chart of AAPL shows that the daily downtrend, line e, was overcome this week.
The daily chart shows that the long-term uptrend (line b) was tested last month.
However, while a minor bottom has formed on the daily chart, for now, it remains minor.
FORBES: Technical Trading: Gold Jumps On Cyprus Bailout Jitters
The daily chart of XLI appears to show a rising wedge formation, lines c and d.
My primary hesitation with the CSTR daily chart is how far it has run this year.
Trading has turned choppy, but gold remains in a three-week-old uptrend on the daily chart.
FORBES: Comex Gold Ends Lower On Profit Taking Firmer U.S. Dollar Index
However, near-term trading, overall, remains choppy, sideways and within a well-defined range on the daily chart.
FORBES: P.M. Kitco Metals Roundup: Gold Ends Higher amid Bullish "Outside Markets"
December silver futures are also pausing on the daily chart and no technical damage has occurred.
The flag formation is even clearer on the daily chart (right panel), lines g and h.
Gold prices have been trending higher on the daily chart for the past three weeks.
FORBES: Comex Gold Weaker Amid Firmer U.S. Dollar Index, Weaker Crude Oil
The daily chart shows a broad trading range (lines f and g) over the past month.
The bears are also working to re-establish a four-week-old downtrend on the daily chart.
FORBES: Comex Gold Up On Short Covering, Bargain Hunting, Bullish Outside Markets
However, that sideways consolidation on the daily chart has formed a potentially bearish pennant pattern.
March silver futures prices have also seen trading turn choppy in the daily chart.
FORBES: A.M. Kitco Metals Roundup: Gold Weaker amid Bearish Outside Market Forces
Technically, trading in the gold market has turned choppy on a daily chart basis.
FORBES: A.M. Kitco Metals Roundup: Gold Weaker amid Bearish Outside Market Forces
Bulls and bears are on a level near-term technical playing field (daily chart basis).
FORBES: A.M. Kitco Metals Roundup: Gold Weaker amid Bearish Outside Market Forces
Price action this week is seeing a pause, or consolidation on the daily chart.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Pressured by Firmer U.S. Dollar, "Risk-Off" Attitudes
The daily chart shows a flag formation, lines a and b, which is typically a continuation pattern.
The daily chart shows a broad trading range, lines f and g, which goes back to June.
The daily chart shows a broad trading range (lines b and c) since the early September highs.
However, the bulls still have some work to do to start an uptrend on the daily chart.
FORBES: Comex Gold Gets Boost From Coordinated Central Bank Move to Boost Liquidity
Silver bulls need to show more power to re-establish a near-term price uptrend on the daily chart.
The daily chart for the Dow shows an oversold condition making it ripe for an upward correction.
Technically, the near term trend is still bearish on the daily chart for Comex Feb gold futures.
FORBES: Technical Trading: "Spike Low" Offers Important Short-Term Support, Gold Stabilizes
The daily chart of Apple Inc. ( AAPL) appears to be forming a reverse head-and-shoulders bottom formation.
On the daily chart for the 10-year note yield, the 50-day moving average sits above the 200-day.
Chart Analysis: The daily chart of the Spyder Trust ( SPY) shows the sharply lower close on Wednesday.
Price remains below the bear cross of the 50 and 200-day moving averages on the daily chart.
FORBES: The Relative Weakness Of Goldman Sachs And J.P. Morgan
Silver bulls need to show more power soon to re-establish a near-term price uptrend on the daily chart.
应用推荐