Focus List 9/19 - Last week was impressive, but...

Geoff Bysshe | September 19, 2011

The markets are not all working their way higher as nicely as you might believe if you're focused on last week's impressive 5 up days in a row statistic. Consider this set of facts:
1. The bulls have the Q's …


Focus List 9/6 - Tuesday Will Make Up For Friday

Geoff Bysshe | September 6, 2011

I hope Tuesday will be more helpful in revealing the market's short term direction than Friday. While the main trend is down, the last few weeks have created a wide range consolidation pattern which will likely result in a large …


Focus List 9/2 - Pop Quiz

Geoff Bysshe | September 2, 2011

The last day of summer trading, a three day weekend and a big jobs report all on the same day. Tomorrow. I'm not going to try to call this one.

Purely by the numbers, all 4 market watch...

1. The …


Focus List 9/1: Markets Move Up And Consolidate

Geoff Bysshe | September 1, 2011

Today was a tough day for day traders because the market traded above its OR and then back below the OR low. This is price action that is typical of a market that needs a rest, and as I highlighted …


Focus List 8/31 - SPY at 50% Mark

Geoff Bysshe | August 31, 2011

What will you do if the market gaps below today’s low?

I don’t have any reason to believe it will happen, but it could. And if it did, would you know what to do? You should.

The markets have moved …


Focus List 8/30 - Through The Roof (The Top of The Range)

Geoff Bysshe | August 30, 2011

Ok, so when I said the markets would have to get above R1 to be bullish, I was not anticipating they would all gap open above R1!

Despite all the excitement in price action the volume was incredibly light. This …


Focus List 8/29 - The Wedge Pattern Is Building

Geoff Bysshe | August 28, 2011

Chairman Bernanke got the markets rocking on Friday, but and we had a great day in the room with some movers like AAPL, GLD , SINA, and PANL. The chairman’s speech was much anticipated and resulted in a very common …


Focus List 8/26 - Nice consolidation. Tomorrow Anything Goes

Geoff Bysshe | August 26, 2011

We're about to begin the last week in August which is usually one of the thinnest trading periods of the year. Add to that the fact that tomorrow is a Friday and I'd plan on a very thin trading day. …


Focus List 8/25 - A Quiet Up Day

Geoff Bysshe | August 25, 2011

All 4 market watch charts had a pattern that should not have surprised anyone. After the strong prior day they corrected in an orderly way into the prior day’s range then rallied back to the high of the day.

The …


Focus List 8/24 - Consolidation, Trend Day, And Then Key Reference Points

Geoff Bysshe | August 24, 2011

Yesterday's focus list said that after 2 days of compression we should expect a good trend day. Well, we got it. And you need only to look at.

After a good range day you can really focus on trader pivots …