In keeping with the theory that the trading range beginning August 25th through the high established last week, is the range to break before we can see next direction clearly, Monday’s session was another notch in the belt of staying …
The way it breaks should yield clear signals to follow
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Marketgauge has a new proprietary software tool that gauges the market tone. We are using that as a layer in addition to the market internal indicator or McClellan Oscillator. The McClellan showed a neutral short term bias while our market …
All about following the range break of last 2 weeks
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Based on Geoff Bysshe’s weekend notes “Look to follow the direction on Wednesday that takes place relative to what happens Tuesday, especially if that range extends outside the range of last week,” NASDAQ is our best example with the Russell …
Not loading up and taking wider stops
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First, I would like to thank Geoff Bysshe for filling in for me during my break and doing so with such aplomb!
Second, I would like to thank the Interest Rate Ultrashort TBTs for presenting itself upon my return with …
What that means for rates and overall market
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The stage is set for September, but before I explain, let me tell you what the media is going to tell you just in case you haven’t already heard. Yes it’s true, September has the dubious distinction of being the …
Once again news of escalating conflicts in the Ukraine spooked the markets overnight and into our opening bell. However, the fear didn’t last long. Stock indexes didn’t spend much more than 10 minutes selling off before they turned up and …