Bulls won yesterday’s screen game with 34 buy signals and 12 sell signals. That reverses Wednesday’s output. That score was 10 buys to 38 sells. We’ve…
First, the 2 hour bars. I mean, what is this? Meatgrinder? Veg-o-matic? Slice and Dice? Shake and Bake? Swing Trader’s Nightmare? Day Trader’s Delight?
Bears took yesterday’s screen game with 38 sell signals and 10 buy signals. That reverses Monday’s output, It’s just a flesh wound.
Call it a pothole. Call it a mini flash crash. We’ve had a few of these lately, and yesterday’s was epic.
I call it, Dealers Shake the Trees. They’re low on inventory because of relentless customer buying. They needed to shake some loose before t…
If gold’s trading feels like an indecisive mess to you, it is because it is. Short term and intermediate cycles are all opposed to one…
They’ve been zigging and zagging, and shaking and shucking. The dealers are trying to shake the tree, I think, as the US Treasury continues to pour phenomenal amounts of money into the markets, on top of the Fed’s QE.
Meanwhile, they’re trying to…
Cycles are mixed, with all shorter cycles in down phases that are still flat, but could grow teeth. The longer term structures and outlook stay…
2/16/21 Every week I run technical stock screens covering all NYSE and NASD stocks trading above $6 and averaging more than 1 million shares a…
This market is full of potholes! Drive defensively!
Bulls took yesterday’s screen game with 17 buys and 12 sells.
This is swing trade buy signals vs. sell signals from yesterday’s action.
These are very low numbers. The market is apparently riding the residual momo from…