XOM Breaks Down and JCOM Breaks Out

XOM Breaks Down and JCOM Breaks Out

Exxon Mobil (XOM) has broken below an uptrend line drawn off the lows going back to February of this year and closed below its 50 day moving average. Note the bearish divergence in the MacD and the moves lower in…

Ten Year Treasury Test

Ten Year Treasury Test

Here’s a chart that I’ve been highlighting on RealMoneyPro and here on RVT for some time, and it illustrates the importance of the 2.60% to 2.62% level on the chart of the ten year treasury yield. It tested this level…

XOM Breaks Down and JCOM Breaks Out

XOM Breaks Down and JCOM Breaks Out

Exxon Mobil (XOM) has broken below an uptrend line drawn off the lows going back to February of this year and closed below its 50 day moving average. Note the bearish divergence in the MacD and the moves lower in…

Major Indices on Multiple Timeframes

Major Indices on Multiple Timeframes

The monthly charts need very little in the way of annotation or commentary. The major indices finished the second quarter near their highs and all indications are the long term trend is higher. The weekly charts show consolidation in those…

Weekend Charting Requests

Have a chart you want me to review? Send the request to rob@rigthviewtrading.com or visit the site and post it in the comments section.

Back from Vacation

I often talk about trading perspective and context. It is important to look at the larger message of the indices and individual charts on multiple timeframes, but there is another kind of context. I took some time off this week…

Europe iShares

Europe iShares

Several of the Europe iShares ETF’s have pulled back to, or under important support levels.

MIcrosoft Trendlines

MIcrosoft Trendlines

It’s hard to look at the weekly chart of Microsoft (MSFT) and say there’s no validity to trendlines.

Weekly S&P Resistance and Daily NAZ Resistance

Weekly S&P Resistance and Daily NAZ Resistance

I’ll be taking some time off this week, so posts will be a little less frequent than usual. Stay tuned, however, the regular run of market overviews on multiple timeframes, and actionable trading setups, will return next week. Today, we’re…

Reader Request - MCP

Reader Request – MCP

A reader requested I take a look at the chart of Molycorp (MCP) and it isn’t pretty. There is a 38% short interest in shares of the stock, and some substantial fundamental reasons for that, and the collapse in price…