Blog Posts - Reversal Pattern



S&P 500 and FTSE 100 charts (Dec 02 '16): brief corrections find some support

S&P 500 index chart patternFormation of a 'rising wedge' pattern and overbought technical indicators in last week's post on the daily bar chart pattern of S&P 500 triggered a small correction.Note that after the break out and close below the...

Gold and Silver charts: correcting after sharp BrExit rallies

Gold chart patternThe daily bar chart pattern of Gold formed a small 'double top' reversal pattern just below 1380, and started a correction that is receiving support from its 20 day EMA and the 1320 level.All three EMAs are rising, and gold's p...

BSE Sensex and NSE Nifty 50 index chart patterns – Mar 04, 2016

The Finance Minister stuck to the fiscal deficit target of 3.5% of GDP, and maintained status quo on long-term capital gains tax on equity holdings in his budget proposals. FIIs were reassured - despite lack of clarity on retrospective taxation...

About pullbacks, corrections and bear markets

After touching lifetime highs in early Mar '15, both Sensex and Nifty entered down trends that are now completing 11 months. FIIs have been in selling mode, not because India's economy is in a down turn. Quite the contrary.Slowdown in China, turmoil...

Nifty chart: a mid-week update (Oct 14 ‘15)

The IIP number of 6.4% in Aug ‘15 came as a positive surprise – much higher than 4.1% in Jul ‘15 and the highest since Oct ‘12 – showing clear signs of growth in manufacturing. Inflation climbed up a bit, but was well under control. CPI in...

BSE Sensex and NSE Nifty 50 index chart patterns – Sep 11, 2015

FIIs remained net sellers of equity during the week, with their net sales exceeding Rs 2800 Crores. DIIs were net buyers of equity worth Rs 2600 Crores. Yet, both Sensex and Nifty closed higher on a weekly basis after 4 straight weeks of lower closes...

Nifty chart: a mid-week update (Jul 01 ‘15)

FIIs were net sellers of equity for the second month in a row. Their net selling in Jun ‘15 touched Rs 8200 Crores – the highest net selling during a month since Jun ‘13. DIIs more than compensated by net buying of equity worth Rs 12000 Crore...

BSE Sensex and NSE Nifty 50 index chart patterns – Feb 06, 2015

After strong rallies in Jan ‘15, both Sensex and Nifty were in corrective modes during the first trading week of Feb ‘15. As per provisional figures, FIIs were net sellers of equity on all 5 days, for a total of Rs 1100 Crores. DIIs were net sell...

Gold and Silver charts: pullback after upward break outs

Gold Chart Pattern In the previous post on the daily chart pattern of gold, a break out above the neckline of an inverse head-and-shoulders reversal pattern was followed by a high-volume break out above the 200 day EMA. That had led to the conclusi...

Gold and Silver charts: an update

Gold Chart Pattern There has been a significant change on the daily chart pattern of gold since the previous post. The 40 months long bear market that started after gold touched its lifetime high in Sep ‘11 appears to be over. Why? Note that g...

Stock Index Chart Patterns: S&P 500 and FTSE 100 – Dec 19, ‘14

S&P 500 Index Chart The daily bar chart pattern of S&P 500 index dropped briefly below 1975, but suddenly turned around and recovered almost all its losses from its Dec 5 top in just three trading sessions. US Fed’s decision not to rais...

BSE Sectoral Indices – which ones will lead the next leg of the bull market?

Sensex has undergone a bull market correction after touching a lifetime high in Sep ‘14. FII selling was the main trigger. With BJP likely to form a government in Maharashtra and Haryana, sentiments have turned positive again. Except BSE Metals an...

Technical updates – Sanghvi Movers and Sintex Industries

Shareholders of infrastructure stocks had a rough time over the past couple of years. Most stocks suffered badly at the hands of bears as India’s economic growth slowed down and investments in infrastructure and capital goods petered off. In a pre...

BSE Sensex and NSE Nifty 50 index chart patterns – Nov 08, 2013

After touching lifetime highs, both Sensex and Nifty indices retreated during a Diwali holiday-shortened trading week. Bears (read: DIIs) booked profits. FIIs remained net buyers, but were overwhelmed by the strong volume of DII selling. Better than...

Mini-sized Dow Futures – Time for Correction?

On the H4 chart of the Mini-sized Dow Futures I noticed an interesting 1-2-3 Pattern being formed. While its still not complete, it would be foolish to ignore the on going pattern being formed, especially in light of the recent Fed comments on scalin...
by Guide to Trading Silver Online on May 23, 2013

Mini-sized Dow Futures – Time for Correction?

On the H4 chart of the Mini-sized Dow Futures I noticed an interesting 1-2-3 Pattern being formed. While its still not complete, it would be foolish to ignore the on going pattern being formed, especially in light of the recent Fed comments on scalin...
by Guide to Trading Silver Online on May 23, 2013

Idee di Pattern Trading: SOGEFI

SOGEFI: Sul grafico settimanale vedo la formazione di un 1-2-3 Low (di Joe Ross) con il TTE (Trader's Trick Entry) posizionato a 1,864€. Primo stop sotto il punto 3 a 1,791€. Se vuoi continuare a leggere clicca sul titolo del post...
by Pattern Trading on Dec 17, 2012

Long Upper Shadow su Indici Americani

DOW JONES: sul grafico settimanale forma una "Long Upper Shadow" con il massimo che arriva a 13335 pti, massimo che coincide con i massimi delle settimane da Aprile a Maggio. NASDAQ-100: sul grafico settimanale forma la stessa figura, con il massi...
by Pattern Trading on Dec 16, 2012

DAX e FTSEMib

Il DAX, l'indice più forte d'Europa, forma una serie di Pattern Reversal Short in zona di eccesso! - Segnala eccesso entrando nella "Hot zone" del Center of Gravity; - L'indicatore "Red & Blu" registra una concentrazione di eccessi (bollino...
by Pattern Trading on Sep 15, 2012


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