When I do a webinar on swing trading, one of the concepts I teach is watching good instruments that correct in bad markets.
Looking at the weekly chart in solar energy of TAN the ETF, this is one of the …
Although Transportation IYT was not the first one to show signs of weakness long before the recent crash, this sector has broken down hard.
That distinction of the first sector to tell us something was amiss goes to our Prodigal …
As you will see when you check out the chart of Granny Retail, she has had a virus since 2015.
Only once in 2018, did she look cured.
Since then, while the S&P 500, NASDAQ 100 and the Dow went …
Now that many bulls got bit by the vampire bear early on, the question for tomorrow and beyond is whether those bulls can rescind the vampire bear’s invitation.
As we explored over the weekend, humans can rescind their invitations to …
Vampires cannot enter private human homes unless they are invited in by the owner of the house.
In the case of public places however, vampires require no invite.
Humans can rescind their invitations to vampires, which causes the vampire to …
Between the written interview with Stocks & Commodities Magazine and the live interview with TraderTV, they pretty much cover a lot of the ways I look at the markets.
For today, a verbal and a visual look at the macro …
In 1980 John Bollinger came up with the formula called Bollinger Bands.
Bollinger used a moving average with two trading bands above and below it.
Unlike a percentage calculation from a normal moving average, BB’s simply add and subtract a …
Before we talk about silver and the metals, here is a line from the weekend Daily:
In Transportation IYT, Friday’s bearish candle and breakdown back into a caution phase gives us two very reliable patterns to watch.
IWM must hold …
After taking a few days off, I saw that the Russell 2000 IWM closed at 164.88 a week ago, marginally hanging onto its 50-Daily Moving Average.
Then, Monday the 10th, IWM had an inside day.
Tuesday, it gapped higher.
Thursday …
Today, the Economic Modern Family’s Grand Dad (IWM) broke out of the 6-day range I’ve been highlighting.
It was also the only index to close over yesterday’s high.
This is bullish action, and now the question is…
Can IWM play …