As market digests, we look to NASDAQ, Semiconductors and Financials
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Last week I wrote about "Operation Twist" a Fed tool used in 1961. Friday, Reuters did an article about that and other FED options. I am no economist, but that option resonated with me. Here's a direct quote from a …
Good accumulation day in volume inS&P 500 and NASDAQ. So it's "Trader Who Lives in a Bubble" time. That means we know nothing of the world, only the charts. What do the charts say? The humongous red candle on June …
Taught in CSTS, this is a great way to manage swing trading profits
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More noise, more volatility, more market remains at a midpoint- in a warning phase, still vulnerable, yet with the longer term uptrend intact. Russell 2000 and Small Caps make the trip back to Distribution Phases.
S&P 500 (SPY)Held the fast …
More details on making, adjusting and owning your plan
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The fast moving averages were next up as support and all held. After a lot of buzz concerning the bearish engulfing patterns that developed Monday, the relevance of those patterns matter mainly if they occur at swing highs or lows. …
Will market stay in a warning phase or drop back to distribution?
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Indeed Friday caught us by surprise-because it defied logic based on the technical analysis we do each and every day. So, although not happy about a 140 point drop, at least in the Vulcan world of trading, logic is restored. …
Strong sectors that could be topping. Weaker sectors that bottoming.
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