The QQQ ETF is an ETF that tracks the NASDAQ-100 index. The NASDAQ-100 differs from the NASDAQ composite index in that it lists only the largest 100 companies and excludes Financials. This index peaked at 120 back in March 2000 but this level hasn’t been touched since then. That was, until today! A monthly close […]

With US stocks making new all-time highs I thought it might be worth checking over some of the major Sectors to see how each is performing. Some sectors are still consolidating and thus are worth watching for any breakout potential whilst others have broken out of technical trading patterns or through key S/R levels.

Gold and Silver are still on my radar as they both hold above key 61.8% fib support and as the US$ pauses near the psychological 100 level. In this post I review the charts of both metals and some of the ETFs/stocks that have my interest. I don’t pretend to know which way both will head […]

The NASDAQ is in focus with the looming November close as the index looks to try and hold the 5,200 level and print a potential third monthly candle close above this key breakout level. A successful hold above 5,200 would help to develop a bullish ascending triangle breakout following those already seen on the the S&P500 […]

Here are some charts of technical breakout patterns that I’m stalking and an update of some that are already in progress. There are quite a few charts and so just ticker symbols are shown.