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DETFs (exchange traded funds)

Trading > Morpheus Trading

S&P 500 at key inflection point

Deron Wagner | Fri, 09/18/2009 - 8:34am | DETFs (exchange traded funds), Long-term chart patterns, support/resistance levels, Technical Analysis |  1 comment

Breaking their three-day winning streak, stocks followed up the previous day's strong gains with a modest pullback on lighter volume. The major indices traded in positive territory throughout the morning, drifted lower at mid-day, then recovered off their lows in the afternoon. The end result was ... Read more

Trading > Morpheus Trading

Bullish weekly chart pattern developing on gold ETFs

Deron Wagner | Thu, 07/23/2009 - 8:31am | chart patterns, DETFs (exchange traded funds), Gold ETFs, support/resistance levels, Technical Analysis |  Add a comment

A worse than expected earnings report from securities broker Morgan Stanley yesterday morning pressured the major indices on the open, but stocks once again showed grand resiliency and reversed their early losses. The main stock market indexes subsequently chopped around in a sideways range throug ... Read more