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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Admittedly, Friday took us by surprise. We began with a negative bias, but even when it became obvious that the market would firm, we stood by. The 200 daily moving averages remain intact. Although volume was light, the broader market …
With the end of the week here, a lot of traders do not know which way is up or down. Our trading plan worked beautifully. Long Monday, add Tuesday, take profits Wednesday, more on Thursday, stops on balances-and short a …
Going Parabolic and Daytrading Strategies
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Everyone go to your calendars and remove last Friday from it. That 280 point drop was cancelled by today's 286 point rally. And so we have been saying here at Marketgauge-long term bull trend intact, short term bearish until further …
You are making money. Now what?
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