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 […]
Raging Bull Patterns
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 […]
The Bull Case
Welcome to August. In recent days I’ve been beating the drum about tech stocks and a potential peak emerging there (see Tech Alert and Peak Tech?) and so far the action still […]
Peak Tech?
Big earnings reports this past week with some notable stock reactions, especially in technology. Recently, ahead of earnings, I issued a technical alert regarding the tech sector. Below please find a video […]
Tech Alert
The $NDX keeps moving from new highs to new highs driven by a narrow group of stocks. Nothing new about that as this trend has been ongoing for some time and headlines […]
