Bears won the screen game from yesterday 29-12. This is swing trade buy signals vs. sell signals from yesterday’s action. That doesn’t fully offset Tuesday’s 56-14…
The failure of the right side to fully descend is of concern. The stream will be directed upward.
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Yesterday surprised me. I did not expect a big selloff, obviously. I saw nothing in my work to suggest one. It’s not that that never happens. As the great trading coach Joe Kuharich said, “It’s rare but not unusual.”
Cue audience laughter. 😄
OK. Looks like a classic top pattern on the hourly, right? Here’s what I don’t like about it. The right shoulder is higher than the left. The uptrend, while bending is still intact, and the big neckline is still below at 4140. If they break that with a…
First, let’s start with a little perspective. This is a 2 hour bar chart back to early March. Lately the market has risen for 10 days on weaker momentum. It suggests that this 10 days has been a down phase of sorts, relative to the two previous uplegs….
I present this chart without comment for our goldbug friends. And another one for good measure. Gold Could Get Out of Its Own Way This…
Originally posted at Capitalstool. Bulls won today’s Screen Game by a raw score of 49 to 22. That’s swing trade buy signals vs. sell signals…
I just want to give Liquidity Trader Money Trends subscribers a quick heads up. We always expect extra liquidity around the middle of the month, and we look for rallies at this time because of it. But we just got a little more juice from Doctor Yellen.
Climb every rally, stream every ford, find a better Tesla, till you kill all the shorts.
Bulls eked out a win today’s Screen Game by a score of 38 to 30. That’s swing trade buy signals vs. sell signals from yesterday’s action.
The bulls have been controlling the ball, despite losing a few of these scrimmages lately.