Interesting Stocks Stronger Than The Market & Trading on Volume

September 12, 2011

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By Geoff Bysshe


Today the markets gapped lower then struggled to get back above the prior day’s floor trader pivot level. The markets closed on a strong note near their high of the day, but just a fraction above their one day pivots. …

Market Consolidation

September 9, 2011

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By Geoff Bysshe


Market Consolidation

Here's the plan...

  • Consider the weekly trend and or market phase via the 50 and 200-day MA's.
  • Consider the daily trend with 10, 20 and 50-day MA's.
  • Consider the 3-day condition relative to the 3-day range by using

Island Tops in TLT and GLD

September 8, 2011

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By Geoff Bysshe


The TLT's and GLD have interesting island tops in place. It they continue lower tomorrow it could indicate a top in so much as the risk on trade is back on pushing stocks higher.

The market watch is getting back …

Is The SPY Flagging or Basing?

September 7, 2011

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By Geoff Bysshe


Is the SPY flagging or basing?

If it is flagging the implication is the next big move is lower. If it is basing the implication is the next big move us higher. I see a very well defined flag pattern …

Tuesday Will Make Up For Friday

September 6, 2011

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By Geoff Bysshe


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 …

Pop Quiz

September 2, 2011

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By Geoff Bysshe


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 …

Markets Move Up And Consolidate

September 1, 2011

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By Geoff Bysshe


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 …

SPY at 50% Mark

August 31, 2011

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By Geoff Bysshe


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 …

Through The Roof (The Top of The Range)

August 30, 2011

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By Geoff Bysshe


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 …