Ok to lose with discipline-part of trading
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Week begins with a low volume snooze fest, but I am happy about that. Why? Because it makes the correction in a bull phase scenario more likely and gives traders plenty of time to look for confirmation. Plus, NASDAQ had …
Phase, Sector, Pivots, Opening Range
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Friday ended the week as anticipated with a sell off after the S&P showed signs of fatigue late Thursday. Plus, there was a second distribution day in volume.NASDAQ fell to test the fast and 50 day moving averages and held. …
Since June 26th, Today (Thursday) was the first sign of perhaps the fun is subsiding, especially inS&P 500 as it closed under key pivots and posted a distribution day in volume. In contrast, NASDAQ had an accumulation day in volume …
Managing tails in ETFs and Stocks
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Prepared by Geoff Bysshe, Co-Founder of MarketGauge, filling in for Mish.
The Confirmed Bullish Phase Shows Off Its Influence
Hi Lincoln,
Tuesday was perfect example of pre-holiday bullish drift. Very often the market will move effortlessly higher leading in to …
Prepared by Geoff Bysshe, Co-Founder of MarketGauge, filling in for Mish.
Tuesday the stock markets will close at 1:00 EST so expect a very light trading day and action similar to today's consolidation. With the exception of IWM's impressive sprint …
Use The 4 Market Charts To Get The Whole Story
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Go ahead and celebrate an amazing end to the week and month (we sure did), then, come with me into volume world. No doubt, the recent rally has been fueled by the sectors I have been writing about since 2012 …