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Another Day, Another Great Reversal

Again our unique approach to reversals are proving most lucrative, with a stunning turnaround from the Dow and S&P Index railroad track ‘esque patterns that I highlighted yesterday.  Here is …

Railroad Tracks on Indices but not ETFs

I mentioned yesterday that reversals would be a better bet to focus on for now.  The Dow-30 and S&P indices did form vague railroad track ‘esque setups, but their corresponding ETFs (the DIA …

More oil misery, so focus on reversals

As I mentioned yesterday this downdraft is likely being fuelled by three factors: – First is the uncertainty relating to the price of oil.  I guess you can throw into the bargain various Eur…

Oil, Earnings and Taxes

As the markets made their declines yesterday it was easy to think here we go again, we make new highs only for them to be taken out by severe retracements almost immediately.  That certainly has …

OTC December Tutorial Video

The markets are pretty quiet this week for obvious reasons but very soon we’ll be into earnings season.  Earnings season presents us with two different types of opportunity.  

Pre-earnings …

Ring-fencing Those Reversals

Again we nailed the reversal setups last week and you should certainly pay attention to ring-fencing your reversal profits quickly so you can play for the windfall while protecting your profits. &nbsp…

Nailed Those Reversals Yet Again

Yet again we’ve nailed a key reversal with those specific patterns we look for. Following the specific railroad tracks on Wednesday, yesterday morning I mentioned that the broader markets looked …

Good Railroad Track Performance

My railroad tracks performed a treat for me yesterday with LINE, LNCO and VNR all performing excellently.  There’s more where they came from yesterday and we have every c…

More Misery But a Few Railroad Tracks and Dojis

Much of yesterday looked hopeful for some sort of bullish response, but the day ended badly and most leaders closed near their lows.  On the face of it that sounds as bad as it looked.  Howe…

July Support Level Now In Play

Yesterday saw more red in the markets and we’re now relying on the July highs for potential support for the S&P and Dow.  This remains an important support zone with much trading activity whi…

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