The ideal diagonal would consist of five waves. Each wave of the three waves to the downside would be smaller than the previous alternating wave. The alternating waves of the 5 wave move are waves 1, ...

SPX: Long-term trend – Is the long-term trend resuming? Is this a B-wave? Too early to tell! Intermediate trend – The trend which started at 2346 appears to be decelerating and forming a top. Analysis ...

Anish Singh Thakur is CEO, Booming Bulls Academy. As the stock exchange accommodates new investors every day, the stark gap between the seasoned players and the neophytes often starts to get exposed.

Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...

A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...