Stoploss.ch

Stoploss.ch

Technical Market Research and Investor Coaching

Delivering technical research of the financial markets
and offering professional guidance for those who wish to improve their trading performance.

Chart Patterns

Rising Wedge

Pattern Description:

A rising wedge which is a reversal pattern, is formed by higher highs and higher lows. It is a bearish formation and requires a prior upward trend from which to make a reversal.
Rising Wedge

Featured Video

XENITH Real-Time Market Data & News for everyone

In the brief demo, Kelly Clement shows how XENITH gathers the essential news, data, analytics, commentary and insights you need in one place, so you can act quickly and confidently. Access to XENITH is included with your MetaStock Pro subscription, and may also be purchased as a separate subscription

Featured Article

Modern Monetary Theory - Debt without Regret?

by Tobias Straumann
We live in a crazy world. On the one hand, we can observe how the central bank balance sheets are getting bigger and bigger, the national debt exploding and the interest rates hardly move any more. On the other hand, we have noticed that in the midst of the crisis, share prices are skyrocketing, banks are producing excellent annual financial statements and real estate prices are continuing to rise in some places. The question arises: how long can this go on? Put simply, there are three answers:...
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Technical Review

Dax - How much upside potential can be expected?

2024-01-24 by Timothy Straiton

The German Dax index surged over one percent today driven by positive earnings results as well as January's PMI data and its impact on the future ECB's monetary policy.

While the short term technical outlook remains bullish with higher highs and higher lows, the monthly chart displays worrying signals, in particular bearish divergence on the 14 month relative strength indicator. The 161.80 percent Fibonacci upside projection target from the 2003 lows, suggests a push towards the 17500 area before a change in the current bullish market perception makes its presence felt.


Disclaimer

Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.

Featured Site

Wall Street Courier

Site Description:

The Site of Market Technicians, Market Timers & Day Traders
http://www.wallstreetcourier.com