James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

Consolidation near critical Fibonacci levels signals corrective Wave 4. Descending wedge hints at a breakout for the next impulsive wave. RSI momentum is neutral but shows an early bullish uptick.

Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...