Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish until May 7th.
The Dow's proximity to its multi-year high gets all the media attention, but the good news for the bulls on Friday was IWM's attempt go lower …
Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish until May 7th.
The Dow's proximity to its multi-year high gets all the media attention, but the good news for the bulls on Friday was IWM's attempt go lower …
Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish until May 7th.
The Bullish Phases Are Back!
Solid bullish phases are now in place in SPY, QQQ, and DIA. The IWM also put in a nice solid day …
All eyes were on APPL today, but all “they” did was watch!
Apple delivered another blowout quarter, leading to a broad tech rally which put QQQ well over its 50 DMA, and creating an island-like bottom pattern. Curiously, despite all …
All eyes were on APPL today, but all “they” did was watch!
Apple delivered another blowout quarter, leading to a broad tech rally which put QQQ well over its 50 DMA, and creating an island-like bottom pattern. Curiously, despite all …
After hammer candles and possible reversal patterns, all followed through to upside leaving big questions on whether or not the market will head back to bullish phases (all still in warning) or having failed the 50 DMA, begin to test …
After hammer candles and possible reversal patterns, all followed through to upside leaving big questions on whether or not the market will head back to bullish phases (all still in warning) or having failed the 50 DMA, begin to test …
Today, all 4 indexes made hammer candles. This could be significant in that Hammer candlesticks occur when price moves significantly lower after the open, but rebounds to close well above the low. Is the market trying to find a bottom? …
Today, all 4 indexes made hammer candles. This could be significant in that Hammer candlesticks occur when price moves significantly lower after the open, but rebounds to close well above the low. Is the market trying to find a bottom? …
Inside day in S&P 500 (SPY), Russell 2000 (IWM), DIA. Nearly one in NASDAQ (QQQ), which actually held up pretty well considering the dump in AAPL. 2 occurrences of inside days last week, a really interesting short-term trading pattern during …