Slope in the 50 Day Moving Average in SPY finally turned positive just as the 2-Day RSI closes in on overbought. QQQ cleared the summer/fall range, posted a fourth accumulation day in volume and has gone beyond overbought on the …
I could just say, today's answer is in the 9/20 "Advanced Pivot Patterns" training video.
In the 9/20 video (available to subs only) I reveal the same patterns that exists in all but the Q's after Thursday's trading. The current …
Overall, if this was a correction, not too severe, especially considering how well AAPL AMZN CELGand IBM did-3 leaders. Of course, lots of small tech stocks rallied, but look at what needed to lead and did-SMH, XLK, IBB. And look …
Even if trade loses, idea is when right, make way more
…
QQQ overbought and could not soar through September high 57.35. Definitely the top of the summer/fall range, but with QQQ and SPY both having an accumulation in volume, market searching for other clues as well. CELG failed the 2010 high …
Dedicated to EH: Always starts with top down approach
…
Lots of stocks with inside days after a day of digestion on super low volume around critical levels. Note that QQQ did get an Accumulation day in volume although considerably under the average daily. Once again, some weaker sectors/groups and …
Phase, Slope, RSI, Price, Daily Pivot Setups and Opening Range
…
A US bank holiday typically results in low volume. The return of the Asian Market and some good news coming from Europe certainly helped a lot. But what about price, phase and slope? Price-The high of the September rally is …
Piecing together the overall market with sectors and groups
…