No Breakout No Losses
I mentioned last time that the S&P was forming a potential a bear flag. The very next day the market slid further but did not break the support formed by the low on 10th April. Our tra…
Guy
27th April 2012
TrendsFlags
S&P Threatening a Bear Flag
The S&P has had a negative OVI for all but two days in April, and while it isn’t hugely negative, at the same time it’s now forming an extended bear flag like pattern. The only reason it’s n…
Guy
23rd April 2012
Trendline and OVI Dovetail Together
I don’t think anyone has been particularly surprised at the market’s current retracement. After all, the S&P’s OVI turned negative two weeks ago and has stayed negative since. Yesterda…
Guy
17th April 2012
Anticipate Part II and OVI Dashboard Latest
Yesterday I showed you XOM which looked rather bullish even though it hadn’t yet broken out of its range. The reason I highlighted it was to demonstrate the power of the OVI-chart pattern combin…
Guy
14th March 2012
Quick Update
Well, it’s presidential election year and historically these are quite positive for the markets. So that seems to be the case so far in 2012. Looking at the charts we’ve made some fa…
Guy
15th February 2012
AAPL hits $500
The markets continue to rumble upwards even while Greece burns in its latest austerity efforts. The main indices have continued with their rising trends and our BETA version of the “OVI Dashboar…
Guy
13th February 2012
Use a Simple Trendline
The Nasdaq index made another jump today in line with our solid bullish expecations this year. The OVI has remained positive but now you must manage your trade with a simple trendline, just belo…
Guy
3rd February 2012