Oversold RSIs, Volume, Chart Patterns and Pivots all Help Determine
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Earnings Season has begun with the best post market performer at time of writing Cirrus Logic (CRUS) a semiconductor. And speaking of Semiconductors (SMH) that ETF although still lacking in pizzazz, did manage to close above last week's high with …
Using Historical Pricing and Weekly Bollinger Bands with RSI Thrown in
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Three days of digestion last week near the top of the recent trading range, which is potentially really exciting considering that the internals in conjunction with the pause show no particular fear in the market or a long term overbought …
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More digestion near the top of the recent trading range with an accumulation day in volume in S&P 500although still under the daily average. Same with NASDQ only that has managed to maintain the breakaway gap from Tuesday. Both indexes …
The Formula Short and Long
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Classic digestion day in NASDQ and S & P 500 with a confirmed phase change in SPY to Accumulation yet unimpressive volume. QQQ looks better since confirmed a bullish phase with a bullish candle and held the breakaway gap-albeit on …
Using Current Positions, the formula and most important concept you can learn
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Financials and Commodities step up on the first day of trading in the New Year. Lots of gaps higher which if this market is any good, should hold. The classic leading sectors/groups at the end of 2011 comparatively struggled -retail …