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About CHARTWATCH |
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| Technical Thoughts from a Classical Bar Chartist |
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All equity and index traders will want to read this week’s NASDAQ-100 Research. It details the possible Bull Flag pattern on the cash Index and labels the numerous gaps.
If the Bull Flag does emerge - win or lose, this chart will become a classic
The short covering nature of the recent price rally in the British Pound future enhances the desire to find a short term price reason to establish new shorts.
The various Corn charts (hourly, daily, and weekly) all contain H&S Bottom possibilities.
The daily chart of Potash, which has been featured recently in the Corn Report, is now residing in this week\'s S&P and Dow Research
A gap up in Wheat would create an Island Bottom on the pit-only chart. And, this week\'s Research analyzes the Commitments of Traders Report. |
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| Updated after the World's Markets close: Friday, January 20, 2012 |
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