Mid cap stocks

Chart of the Day – Gold – (October 13th, 2021)

For weeks it has seemed no matter what happened gold went nowhere. But today was different! Gold broke higher out of a month long consolidation and looks to have developed an inverted head and shoulder pattern. The neckline was at the 1782 level and we […]

Chart of the Day – IWM – (October 12th, 2021)

The mid cap stock market is represented by the Russell 2000 (or IWM) has been in a tight trading range for all of 2021. That range is tightening in a triangle as the 200dma weaves inside the consolidation. This is a receipt for a big […]