Tags: erik mccurdy
Stocks Move Above Strong Resistance Levels
October 28th, 2011
in b2evolution
by Erik McCurdy, Prometheus Market Insights The S&P 500 index closed sharply higher today, moving up to a new high for the uptrend from early October and breaking above strong resistance at the congestion zone in the 1,260 area. The rally also m… more »
Top Ten Investing Articles 1H/2011
July 28th, 2011
in b2evolution
The following were the top ten articles on the GEI Investing Blog during the first six months of 2011. more »
Chart of the Week: Whither Stocks?
June 5th, 2011
in b2evolution
The S&P 500 index closed sharply lower this week, moving down to a new low for the downtrend from early May. There are two viable scenarios with respect to the development of the current intermediate-term cycle following the last Intermediate-Term Cycle Low (ITCL) in March. A return to the April long-term high of the cyclical bull market during the next few weeks would reconfirm the Half Cycle High (HCH) in early May and favor the development of a sideways consolidation formation heading into the next ITCL in August or early September. more »
Chart of the week: Chinese Stocks Confirm Intermediate-term Breakdown
May 29th, 2011
in b2evolution
The Shanghai composite index closed sharply lower this week, confirming the break below support at the lower boundary of the symmetrical triangle that we noted earlier this week. more »
Charts of the Week: Commodity Correction Likely Still in Progress
May 23rd, 2011
in contributors
by Erik McCurdy In late April, chart analysis suggested that the development of a violent retracement in commodities was becoming more likely. In early May, the extremely overextended rally broke well below long-term uptrend support on the weekly c… more »
