Tag Archives: Market Close Report
GS & RNF
GS is up over $4 this morning and if it holds these gains will reverse Long at the close: Note also that RNF did reverse Short on Monday’s close: *Today is the last day of, “AllanTrends/PTS_Lite” and I will be [More]
TAGS: GS, Marekt Close Report, Market Close Report, RNF
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
SLV & GLD
Both SLV and GLD look to be gong Long on the Close today. GLD is not quite there yet. I’ll have some trade ideas in today’s Market Close Report
TAGS: GLD, Market Close Report
Market Open, January 3rd
***I will be leaving about two hours before the close today and if my eyes are up to it, I’ll be posting today’s Market Close Report a little later then usual. The AAPL Hourly Trend Model continues to be [More]
CTIX
I was going to mention CTIX in today’s Market Close Report…….but I forgot. Better late than never. A subscriber sent in an interesting TA chart today and in tandem with the Daily Trend Model does suggest a buying opportunity at [More]
TAGS: CTIX, Daily Trend Model, Market Close Report, TA
Market Open, Oct 4th: NFLX
Should NFLX hold it’s gains today, it will reverse Long. As stated last night, this run could reach 90 before Weekly trend line resistance sets in. Below, the NFLX Hourly Trend Model that we trade in the Expanded Premium Service: [More]
Mid-session Update
As expected in yesterday’s Market Close Report, there is just not much action or trading opportunities today and probably not any until the Fed statement tomorrow afternoon. Nonetheless, if VXX Hourly triggers LONG, I will want to take it. The [More]
TAGS: LONG, Market Close Report, SHORT, VXX
Market Close, July 25th
New Signals AAPL——–>SHORT NFLX——–>SHORT Wednesday’s Market Analysis As discussed in yesterday’s Market Close Report, both AAPL and NFLX reversed SHORT today. The market averages were a different story, for the time being. The charts below they tell the story as [More]
Market Open, May 23rd
Following up yesterday’s Market Close Report, here are two of the charts we are keeping an eye on this morning: The chart immediately above is of the SLV Daily Trend Model. I’ve drawn the familiar counter-trends and how the most [More]
TAGS: Market Close Report, Market Open
Mid-Day Update
VXX 240 has reversed Short: The next more meaningful support/reversal level is the VXX Daily reversal level of $18.71. More in tonight’s Market Close Report.
TAGS: Market Close Report, VXX