Tag Archives: TRENDS
Market Close, July 2, 1949
New Signals CLNE——>LONG PCLN—–>LONG Market Analysis I expected today (and rest of the week) to be relatively quiet, but susceptible to some isolated large moves because of low participation due to the holiday. The plesant surprise were the very nice [More]
Market Close, June 14th
New Signals SPX Hourly Trend Model———>LONG DJIA Daily Trend Model———->LONG Market Analysis Today’s rally is being attributed to High Frequency Trading Bots gone wild. Even if so (as I believe), it has been going on as long as we have [More]
Market Close, June 12th
New Signals None. Market Analysis “This was a sucker’s rally and everyone who bought in at the open yesterday was given a gift to get out today. This thing is going south in a hurry, starting tomorrow.” That was the [More]
Market Close, June 11th
New Signals VXX Hourly——–>LONG SPX Hourly———>SHORT Nasdaq Hourly—–>SHORT Market Analysis In the Weekend Update I pointed out that while the intermediate trend was still down, the short-term was in the midst of a counter-trend rally. That counter trend rally appears [More]
Market Close, June 7th
New Signals None. Market Analysis The failure of the market to sustain its early morning advance, combined with a negative finish for Nasdaq, may be a sign that the counter-trend rally against the decline from early April is coming to [More]
Market Close, May 31, 2012
New Daily Signals None. Market Analysis As I wrote in my previous post, the markets will be held hostage to a lot of news coming out from overseas overnight, domestically tomorrow morning and again from overseas this weekend. I would [More]
Market Close, May 29th
New Daily Signals SPX 240—–>Long Market Analysis Despite today’s strong rally, note that the trend table is still overwhelmingly red. How is it that the market is up triple digits yet most of the table remains in bearish trends? Below is [More]
Market Close, May 24th
New Signals None. Market Analysis SLV is treading water here before either resuming its down trend or spiking up above the trend line, reversing Long. I’m thinking it breaks down from here, but will go which ever way prices tell [More]
Market Close, May 23rd
New Daily Signals None. Market Analysis My commentaries each evening are written to cover a broad range of issues that face subscribers each and every trading day. Whether it be individual trade strategies or macro trends, or short-term trade set-ups [More]
Market Close, May 22nd
New Daily Signals VXX 240———>SHORT Market Analysis The final thirty minutes of trading today had the VXX Hourly make a strong push toward reversing back Long. This one could flip tomorrow morning, so keep an eye on it. Gold [More]
