One worked one did not, here's how they look now
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Marketgauge has developed some really sophisticated scanning tools, not the least of which is one that categorizes over 400 instruments into phases. Often, the most telling indicator is the number of instruments that change to a more positive or negative …
Another day when we stick to our mechanical trading systems
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Still low volume, however, a bit better than Monday's in all indexes which means an accumulation day all around. Not much else to add other than that price counts too, especially when in line with the phase.
S&P 500 (SPY) …
Most powerful time with lowest risk and highest reward
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Low volume reigned while the market continued its ascent. Could be ominous, could be just summer doldrums, could be lack of any real news. It was a good Monday start though, so best not to read into anything just yet.…
Use the daily chart of your instrument, along with the sector and index
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The gap higher and ensuing follow-through during Friday's session on low volume suggests that the intact bull phase, although tested earlier in the week, prevails. But alas, with not that much interest. At least, not yet anyway. The several attempts …
We got through the FED, now the EU-that leavesUS unemployment numbers and then perhaps we can more clearly determine whether the last 4 down days are the end of summer fun, or another buy opportunity.
Subs: All pivots are negative …
Even on tough days, a road map is essential
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