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Long Treasuries $TLT +8%
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Overview Renko Chart Trading After temporarily dipping below the 4,300 psychological barrier, the S&P 500 $SPX sought to retest the 4,356 and 4,380 resistance levels today. $SPX didn’t quite make it to the 4,260 support mark. It did, however, find some support in the 4,288 area. It was unable to…
Overview Renko Chart Trading Today, I’m switching to $SPX. The SP 500 $SPX had a good start today, but it couldn’t hold on to its gains. The day ended up being a flop. The ascending trendline extending from 3270 to 3774 has been broken, according to Renko chart trading patterns…
The disaster continues for the apparel retailers because the shopping habits have changed drastically. Back in the days, the fancy pairs of jeans or the trendy designer shoes were the hottest things consumers wanted. Not any more. They have been replaced by iPhones or Samsung, the biggest flat screen TVs,…