Whether we’d like to admit it or not we all have biases on some level or another. The hardest task for traders is to be unbiased especially in times of high emotion […]
Mystery Chart
The Icarus Effect
It’s not different this time, it never has been. The historical script: Bulls take everything to ever more extremes and keep raising target prices along the way ignoring the technical charts that […]
Mission: Gap Fills
$SPX dropped over 5% since last week’s highs in what seemed like a straight line down, down 6 days in a row with any rally attempt sold into. A vicious decline that […]
Raging Bull Patterns
Technical analysis is about identifying potential tradable edges, be it with patterns and/or pivot levels of support and resistance. I say potential because there are no guarantees in anything and one must […]
Monthly Charts
As I promised yesterday on twitter below are some monthly chart closes that may be of interest. I’ll leave the analysis part for the weekly market update on Sunday and present these […]
Trading The Big Call
What if you had access to the perfect big market call? The one that says where the market is going in the future, not for a small move, but a big move? […]
A Bullish Chart
Carnage in markets today as the previous October lows are being retested and new lows at key levels may well be in the offing as discussed in the Weekly Market Update. But […]
KISS Report
Mella’s morning note to clients below. #marketwisdom #KISS Morning guys, I want to keep this simple and get straight into the charts. But just quickly we have to acknowledge here the dynamics […]
The Breakdown
Below is an excerpt from today’s client Daily Market Brief. Given recent market volatility we thought it might be helpful to share some perspective publicly. Begin Excerpt: I don’t want to overwhelm […]
Weekly Market Update
In recent weeks deteriorating internals and diverging relative strength sent strong warning signals that recent highs were unlikely to sustain and presented a technical sell opportunity on indices. The trigger for rejection […]
Chart Storm
Who’s ready for a chart storm? In early September I outlined in Lying Highs that many sectors are either not confirming new highs or are not making new highs. Has anything changed? Let’s […]
Lying Highs
Who are you going to believe? The data or the lying highs? This summer markets have again ignored all negative news. Be it trade issues, be it indictments and drama on the […]
