The daily chart of the SH shows that the price structure has spiked above its November-January resistance line.

Download Adrian Manz's Around The Horn Intraday Trading Plan PDF for January 21.

Dr. Adrian Manz analyzes the major markets, stock sectors, and individual stocks for January 21.

Dave Landry takes a one-minute look at the stock market in his video for January 21.

The wide ranged, chop fest in the broad market over the past three sessions can be very dangerous to a swing trader's P&L and confidence.

The chart for the Nasdaq Composite Index is suggesting that a large move may be imminent, and given the backdrop of a potential sovereign bond crisis in parts of Europe and a deterioration in sentiment from China, it is slightly problematic to assume that the breakout will be upwards.

Consumer spending has held up surprisingly well. But with credit contracting and unemployment high and rising, it can’t continue.

The stock market indices had a pretty nasty selloff, especially in the morning when they nearly fell apart, gapping lower at the opening and then moving sharply lower after the opening gap.

Mike Paulenoff takes a big picture look at the U.S. dollar.

Download Adrian Manz's Around The Horn Intraday Trading Plan PDF for January 20.