Blog categorized as DailyiQ

Back to back inside days don't happen often but we have one forming now, here is what it has led to into the close.

Yesterday printed a doji candlestick on the daily charts, let's see what has happened following that pattern.

Let's see what has happened when there is an inside day forming into the close following a 52-week high.

One of the indices put in a new 52-week high yesterday, let's look at what that pattern has led to the following day.

Historically, this bullish price action has not led to strong bullish action into the close.

The Market Profile Point of Control (POC) finished near the highs of the session but the markets closed weak, here is what has happened historically with that pattern.

If the RSI is overbought should we expect the markets to hold up into the close?

The markets triggered an overbought RSI reading yesterday, let's see what that has led to historically.

We are seeing a hammer candlestick form in the markets, let's see how that pattern has played out into the close.

Friday closed strong after the monthly jobs report, let's look into what has happened the following session.