Declan Fallon's Comment & Analysis
A complete archive of Declan Fallon's articles, including current analysis & comment - Page 26
Looks like I haven't missed much since I have been away. The Nasdaq pitched sideways after tagging channel resistance. There was no change in the supporting technical picture.The S&P 500 is...
The headline would have been a small loss, but S&P 500 action over the past week and a bit have been for an index running alongside upper channel resistance, looking ready to break through higher....
It wasn't a cavalry charge, but buyers stepped in to break the two days of selling in the Nasdaq and Russell 2000. While buying volume was relatively light compared to last week's selling, it does...
Last week, Friday's selling in the Russell 2000 (IWM added to Thurday's down day, and volume rose in confirmed distribution. This built on the Wednesday doji and its reversal potential at the end of a...
Including channel resistance in charts can be a bit of a mixed blessing. On one hand, it gives an indication as to when sellers can be expected to make an appearance in a rally. On the other, it can...
A bright start to the week has given bulls a vital advantage, although trading volume remained light overall. Since the breakouts happened in early July, I would now be looking for a more substantial...
It was inevitable sellers would come in to pick at the breakout, and they did so with aplomb, but not before they left behind some bullish signs. Last Friday was not an options expiration day, so...
The Russell 2000 made its move, but today it was Nasdaq and S&P 500's turn. Technically, the breakouts for both of these indexes occurred yesterday, but doji doesn't really qualify because of the...
It's the holiday season, and blog traffic is way down, but while people are away enjoying their vacation, those traders left behind have decided to drive a break of resistance in the Russell 2000....
A bit of a mixed bag on Friday as the Russell 2000 (IWM) managed to finish the day higher, while both the Nasdaq and S&P 500 close back at the open price, after a day built on a promise.The...