In technical analysis one always searches for actionable patterns. The biggest mistake people make when applying TA is they see potential patterns and treat them like they’re valid. Now mind you there’s […]
Exhausted by the wild swings in markets? By tweets, daily newsflashes, central banks speeches, etc, all of which cause markets to move up and down on a dime leaving wide open gaps […]
The May correction was technically well advertised in April, even before that, but the run in April stretching to new highs on $SPX and $NDX was a tricky exercise to navigate through. […]
The dawning may have begun, the realization that growth again has been overstated. Be it a China deal that’s dragging on with no clear path to resolution, and/or economic data that keeps […]
Are markets engaged in a major topping process? Last week I’ve raised the question of potential topping patterns being in the process of being formed if $SPX can’t recapture 2900 and move […]
Is Gold about to go full bull? Let’s check some charts. Before we do, some basic price facts: Gold peaked in 2011 just above $1900. Since then it’s been an exercise in […]
All things being equal, the 2019 rally stinks. No really. Remember those new all time highs on $SPX and $NDX at the end of April? Fake. Why? Because on an equal weight basis […]
Yesterday I had an opportunity to speak with Mike Santoli on Trading Nation discussing some chart patterns that suggest markets may be repeating the sins of last year. I wanted to expand […]
Bitcoin is back in the news as crypto currencies are seeing a major resurgence following the crash of 2018 following the run to $20,000 in early 2018. Given all the renewed excitement […]
Let’s all just step back a minute and drown out all the noise. The economy, the trade wars, the Fed, the news, buybacks, everything. Let’s just look at a few very simple […]
In rare moments markets face major event risk, in even rarer moments the event risk is well advertised in advance and the risk implies massive potential moves in either direction. Markets are […]
The 2019 market uptrend is officially shattered. Yes China trade concerns are the trigger, but as I always say: Technicals paint a picture of things to come and when things line up […]
