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...
Do you see how stocks are making new lows? That's a characteristic of downtrends, not uptrends. We first want to identify what type of market environment we're in, and then...
Have you noticed how stocks keep making lower lows and lower highs? We call those downtrends.
There's an important reason why I bring this up. There is a much higher likelihood for markets to continue in the direction they're heading in, than...
On Monday, I laid out my plan for entering into $SPY Iron Condors steadily throughout the week. I entered into the final Iron Condor this morning and wanted to give...
Just as we focus on the strongest markets and stocks to find opportunities during equity bull markets, we look to identify the weakest areas during bear markets. We just want to be in the...
Warning signals were piling up throughout 2020, but weak breadth has been an underlying issue for Indian stocks since they made new highs in August 2016.
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 are not seeing any evidence of a bottom for stocks, yet. In these sorts of scenarios we want to see improvements in market breadth and/or bullish momentum divergences start to pile up. We're not seeing any of either.