Good time to have a plan for next move up or down
…
Last week Russell 2000 improved to a bull phase, while S&P 500, NASDAQ had yet to catch up. The DOW, never got close , barely hanging onto a warning phase, which with the start of the week, deteriorated back to …
Lots depends on the EFTs and how they act
…
Inside day to end the week just shy of an improved phase change to bullish in S&P 500. Inside day in Russell 2000 which confirmed the bullish phase. NASDAQ confirms the warning phase, again with an inside day and the …
This content is for Premium subscribers only. Please register or click here to login.…
Let's talk phases! S&P 500 remains in a strong warning phase although it tested the 50 DMA. The Dow goes into an unconfirmed strong warning phase, making the 200 an important pivotal area at week's end. Russell 2000 goes to …
After the big move, if not long, this trade reduces risk big time
…
The reason I have been so focused on the phase changes and moving averages is for exactly what we saw in Tuesday's market action. When the DOW regressed in phase on Monday and NASDAQ failed to improve its phase Monday …
Internals Bullish Although Somewhat Overbought
…
With a lot of anxiety lurking, from fiscal cliffs to European concerns, market held its own with both S&P 500 and DOW putting in inside days. NASDAQ and Russell 2000 fared better, both ending above Friday's high. Noteworthy is that …