Key Takeaways An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted. It may be used to predict reversals in downtrends. An inverse head and shoulders ...

Of the 25 stocks within the VanEck Semiconductor ETF (SMH) , seven components are within 3% of their 52-week highs. ASML is not one of them — it's trading about 30% below its own 52-week high which, ...

According to the century-old Dow Theory, the trend in the price movement persists until a reversal occurs. Since those tops and bottoms mark a maximal point of success between the trends, it is easy ...

Classic head-and-shoulder patterns are often used to spot breakdowns, before a stock price drops. Learning how to find and trade “inverse” head and shoulder breakouts can be an effective strategy for ...

Every asset class will be impacted by the Federal Reserve embarking on a rate-cutting cycle. That includes cryptocurrency, and especially Bitcoin , still the largest and most widely followed by a long ...

The QQQ is currently up more than 40% YTD, its best first half of the year in decades. However, the ETF still trades more than 9% below its November 2021 all time high of $408.71. An inverse head and ...

The breakout signals the end of the recent pullback from record highs above $124,000 and the resumption of the broader rally. Using the measured move technique, which adds the distance between the ...

-- Buy the EUR/USD pair and set a take-profit at 1.1827. -- Add a stop-loss at 1.1600. -- Timeline: 1-2 days. Bearish view -- Sell the EUR/USD pair and set a take-profit at 1.1600. -- Add a stop-loss ...

The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights ...

And so it happened. Gold stocks closed the week below the neck of their inverse head-and-shoulders pattern, while the USD Index closed it above its own inverse H&S. The implications thereof are ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. The markets and the SPDR S&P 500 ETF (NYSE:SPY) have an inverse head and shoulder possible breakout coming.