Dragonfly Capital

The U.S. dollar quietly crept higher over the last 2 months as sinking stocks masked its move. The last 4 weeks have seen it start to settle into a consolidation, tightening against resistance with...

It sounds horrid. Like the end of times. A Death Cross. What good could ever come of this? It conjures up foul images. Carnage and debauchery. Blood and gore everywhere. This is why we hear of it. It...

Cigna (NYSE:CI) Cigna, CI, started last week testing all-time high from January but fell back immediately. It ended the week making a lower low. The RSI also made a lower low as it is at the edge of...

Last week’s review of the macro market indicators noted with 1 month left in the year equities had given up most or all of their gains for the year, but were looking to start December moving...

Here is your Bonus Idea with links to the full Top Ten:Caterpillar (NYSE:CAT), CAT, started a run higher in April 2017 that lasted until a double top in January. It pulled back from there to it 100...

Arconic Inc (NYSE:ARNC)Arconic, $ARNC, made a top in January and then pulled back in two steps. It consolidated at the bottom for nearly 3 months before a reversal higher began. That move stalled as...

Last week’s review of the macro market indicators noted with Thanksgiving behind, the holiday shopping season is in full swing but the price action in the equity markets was casting a dark...

Here is your Bonus Idea with links to the full Top Ten:Visa (NYSE:V), $V, started moving higher out of the 2016 election. It paused at the beginning of this year, bouncing off of the 100 day SMA a few...

After reviewing over 1,000 charts, I have found some good setups for the week. This week’s list contains the first five below to get you started early. These were selected and should be viewed...

Last week’s review of the macro market indicators noted with November Options Expiration in the rear view mirror and traders looking forward to a short Thanksgiving week, equity markets were...

Here is your Bonus Idea with links to the full Top Ten:Eli Lilly (NYSE:LLY), $LLY, rose up out of a long flat consolidation in July. It continued higher until the middle of August when it paused to...

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:Anthem (NYSE:ANTM), Ticker: ANTM Anthem, ANTM, moved up out of consolidation in June. It continued higher through a...

Last week’s review of the macro market indicators noted heading into November Options Expiration the equity markets showed a good bounce on the week but with a weak finish Friday. Elsewhere...

Crude Oil capped a long run higher with a top at the end of September. The last 3 months of that run had already transitioned to a sideways channel, but the September high literally put a cap on the...

It is about to be that time of year again. UPS is at your door every day delivering packages from Amazon (NASDAQ:AMZN) of stuff you bought from Instagram using your PayPal account while you were binge...

Dunkin Brands Group Inc (NASDAQ:DNKN)Dunkin’, $DNKN, had a strong run to the upside from April low. It topped out in early September and started to pull back with the market. The pullback...