VXX Hourly—->New SHORT
Once again, an aborted VXX Long signal. Here is the updated VXX numbers. More after the close:
TAGS: VXX
Gold & Bitcoin
Note: For anyone who did not receive the Weekend Update email from Saturday morning, you can always access all updates at the AllanTrends home page. Here is the link to this past Weekend Update. Below are the charts of GLD [More]
TAGS: GDXJ, GLD, trading, Weekend Update
The Long and the Short of It
While VXX moves back toward it’s first hour high ($21.27), the broader market indexes, IWM and NASDAQ, are both very close to reversing Short. Note that Value Line is already Short and that it was this broad index that has [More]
TAGS: IWM, NASDAQ, Value Line, Weekend Update
Friday’s Market Open
It’s days like today when you can really appreciate the merits of an objective approach to trading and investing. If the weakness continues throughout the session, we could get intermediate term sell signals in the major indexes. In other words, [More]
TAGS: ETF, Market Close Report, Trend Models Table, UVXY
Market Close, April 4th
New Signals NFLX Daily———–>New SHORT SIRI Daily————->New SHORT Thursday’s Market The SPX Hourly chart pattern, similar to the one I posted yesterday (Why Everyone Should Take The Next Market Sell Sign), but now updated with a few more price bars: Zooming [More]
VXX Hourly
VXX Hourly has reversed LONG. In light of all I have written this week about the precarious market environment, this has the potential to be a very good trade. UVXY is the leveraged alternative to going long VXX.
Market Close, April 3rd
New Signals SPX & NASDAQ———->The usual short term reversals, this time Short ALGN Daily Trend Model———–New Short OPK Daily Trend Model————>New Short Wednesday’s Market Within 30 minutes of my posting some precarious price patterns in the Short-Intermediate-Long term time frames, [More]
Why Everyone Should Take The Next Market Sell Signals
The story being told by these charts is not a signal to sell the market. It is suggestion that when the Intermediate (Daily) Trend Models reverse Short, that the trade will have significant downside potential. More on this, along with [More]
TAGS: trading
Market Close, April 2nd
New Signals SPX & NASDAQ Hourly Trend Models—–>New Longs XIV Daily Trend Model————>New Long MO Daily Trend Model———–>New Long DAL Daily Trend Model———–>New Short Tuesday’s Market The Nasdaq and SPX Hourly Trend Models have not taken well to this market [More]
TAGS: Buy Hold, DJIA, Market Close, New Signals, NNVC, Trend Models
Weekend Update, April 6th
New Signals AAPL Daily———–>New SHORT FB Daily—————>New LONG CBM Daily————>New SHORT FXI Weekly———–>New SHORT Weekend Commentary This will be another in the budding new series of, “How To Make Money in the Market” weekend commentaries. This weekend, one out-of-the-box, but [More]