Friday was a great day in my life. Not only did we get new Weekly Charts, as we normally do on Fridays, but we also got a fresh batch of Monthly Charts to analyze as well. These...
Friday afternoons are my favorite part of the week, but not just because the weekend is starting. Instead, it's because we get fresh weekly candles to analyze the long-term trends of the securities and assets in our universe.
This is a special weekend. The close on Friday marks the end of the day, week and month. That means we have a fresh batch of weekly AND monthly charts waiting for us. This process provides a lot of information because, by stepping back, it forces us...
Sentiment has not been good for Chinese Equities with a handful of recent sanctions adding to the general uncertainty around China-US relations. For the most part, we're seeing this reflected...
The market remains a hot mess where we're preferring market-neutral trades, however, some absolute trades are appropriate when the reward/risk is skewed heavily in our...
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in...
We've been using our "Five Bull Market Barometers" to measure the long-term health of the market and remain in the camp that risk in Equities remains elevated....
Why does Technical Analysis work? Because markets trend. No one can argue that. I don't care who you are. And what do we do as technicians? We look for trends!
Lots of charts are being shared showing the exponential growth in trading activity, new accounts, and anything else that might paint a story of euphoria at retail and discount brokerages since...
Ok, I have to be honest here. I'm not incredibly bullish at these prices. As much as I try to divorce myself from the news cycle and the fundamentals, its hard to think NOW is the time to get long.
