Archive for: October 2009

I charted RIG after the markets closed on Thursday, October 29, 2009, when RIG closed at $86.84.  I only went back a couple of months on this chart to just before RIG gapped up on September 8, 2009.  Just as …

I charted SPY this afternoon when it was trading at $105.33 as it sat at a level of critical technical support.  The two main indicators I like to use that are in play right now are the trend line of higher …

I charted the year to date daily prices of the Russell 2000 ETF, IWM, late this morning when it was trading at $59.36.  It’s getting close to a key support level and is worth watching here.  Yesterday IWM broke below …

I charted Monsanto (NYSE: MON) just after noon today when it was trading at $74.17.  I like following MON because it tends to follow its trend lines fairly consistently (I tried to color in the trading channels to show them better, …

I charted the large emerging markets ETF, EEM, late in the day on October 2, 2009 when it was trading at $37.81.  You can see the two lines I drew marking EEM’s trend lines of higher highs and higher lows.  This trading …

I drew two QQQQ charts this morning to show views of both the past three months and past seven months.  The seven month view includes the March 2009 low and I wanted to include that in my longer term trend …