Technical Trader

Weekly stock market update featuring Lee Adler’s proprietary cycle analysis, price and time projections and SPY put and call trading recommendations.  Click here to subscribe. Now published at Lee Adler’s Liquidity Trader.

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Chop and Slop

The market found its footing on Wednesday, establishing that the 1350-60 area is now support. Resistance is now indicated immediately overhead. That could lead to development of a short term trading range. But what about after that? Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually…

Will Monday Be The Dawn Of Correction?

Apparently I wasn’t the only one who correctly guessed that Friday’s jobs data would be a big miss. (https://wallstreetexaminer.com/2012/04/05/nonfarm-payrolls-should-fall-by-377000-but-they-wont/). In spite of the fact that the market averages were only down a hair, sell signals cropped up on a number of intermediate technical indicators on Thursday, and the screening data was much weaker than the…