Not unexpectedly, all the indexes had low volume, narrow ranges with inside days. SPY ran 18% from its peak low October 4th to the high made on October 27th . The other 4 times this occurred, (single month rallies of …
Midcaps (IWM) had the highest percentage gain of all the indexes. Speaks to layering in to the mix, the positive earnings season in mid and smaller cap stocks. Following the positive volume patterns as well as the slope of the …
When to Use an Opening Range Reversal Against R1
…
Technicals are mixed making this a really tough environment. Slope on the 50 DMA in SPY has declined although price is above along with a positive phase and volume patterns good (another accumulation day today.) Big note: If SPY closes …
…
…
Earnings season has not been kind to the leading stocks AAPL IBM and now AMZN. Let's not even talk about NFLX-that fall from grace happened quite some time ago. The recent run, which came to a screeching halt today, was …
Rules to follow as guidelines for entries
…
A couple of caveats remain. First, is volume. Conflicting signals in that QQQ has had a good amount of accumulation days (had one today) as does SPY (did not have one today), but, the volume remains under the daily average …
How to Safely Buy the 5 Minute OR
…