Hi Everyone
More sloppy action in the markets yesterday – 3 of the last 4 bars in the S&P and Nasdaq have been doji-like with wide ranges and the open and the close near to each other.
This …
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Very weak action yesterday – with the main indices only poking through Friday’s high temporarily before slumping again. This is bearish, but still don’t be surprised if we see some s…
Hi Everyone,
Friday’s afternoon session saw a massive rally on the indices and across the board. By some luck as well as judgement (I was a bit wary about the impact of the Employment Report so …
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Yesterday’s late rally suggests a wider retracement for the next few days. Current bear flags may turn into rounded bottoms, and weaker stocks will consolidate further until the next…
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All the major averages have broken their rising trendlines on big volume so it’s bear flags all the way from now.
I think we’re headed for a MAJOR correction that will give us several oppo…
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Wow, high drama in the markets yesterday and the conspiracy theorists are all coming out of the woodwork!
Let’s skip all the hyperbole and focus on prices. As mentioned yesterday, t…
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Earnings season is in full flow and the markets are mildly whipsawing. This is typically a sign of bearishness, but we’ll have more information today as GOOG and GS make their…
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Please click here to view my one-off webinar which was held on 23 November.
There’s very important information about how to trade the markets in the coming months. Agai…
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I hope you enjoyed my Rubik Cube video. If you missed it, just click here to get it.
Amazingly this market has kept creeping upwards, though there is a key resistance point around 11…
Hi Everyone
If you’ve been trading what you see, you’ll have been trading bull flags recently.
However, last night’s action was pretty severe to the downside with a 20 point drop in the l…
