The gap and follow through today put all 4 major indexes over their 10-day moving averages, but also into significant daily resistance levels. DIA and QQQ had accumulation days, but volume was not impressive. After the move up of the …
The gap and follow through today put all 4 major indexes over their 10-day moving averages, but also into significant daily resistance levels. DIA and QQQ had accumulation days, but volume was not impressive. After the move up of the …
Ok. Back into bullish phases in all but NASDAQ, which remains in its current weak warning phase. Volume did not support the rally as far as an accumulation indicator and the fast moving averages remain overhead hurdles. However, with Monday …
Ok. Back into bullish phases in all but NASDAQ, which remains in its current weak warning phase. Volume did not support the rally as far as an accumulation indicator and the fast moving averages remain overhead hurdles. However, with Monday …
The Dow Jones ticks were like watching a tennis match between Venus and Serena William. We have this really cool indicator that lights up when a phase is changing. DIA flashed warning, bullish, warning, bullish, warning, finally ending with the …
Let's review how the 3 scenarios did:
3 scenarios to watch for: 1. SPY holds the 50 DMA and breaks above 10/10 high with accumulation in volume. (Yes, no, no) 2. Ditto in DIA and/or IWM 3. (Yes, no, no) …
Let's review how the 3 scenarios did:
3 scenarios to watch for: 1. SPY holds the 50 DMA and breaks above 10/10 high with accumulation in volume. (Yes, no, no) 2. Ditto in DIA and/or IWM 3. (Yes, no, no) …
Here we are at the 50 DMA in S&P 500, Russell 2000 and Dow Jones. NASDAQ through it, but after a big volume flush Tuesday, is now on watch for a possible reversal through Wednesday's high. Otherwise, a test of …
Here we are at the 50 DMA in S&P 500, Russell 2000 and Dow Jones. NASDAQ through it, but after a big volume flush Tuesday, is now on watch for a possible reversal through Wednesday's high. Otherwise, a test of …
Lots and lots of selling came in ahead of the official beginning of earnings season. Alcoa came in better giving it an initial post market run, which later fizzled out. Whether that translates well for the US markets remains to …