A project that I have been working on in recent years is Horizontal PnF Counting using Percent Scaling. The method has generated promising results. Here we look at two case studies that illustrate the techniques…
Stocks
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In uncertain times, selective investors will outperform the indexes. We’re entering such a market where external events and seasonal forces combine to increase uncertainty. Of course, much of the market’s insecurity can be placed at the…
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In the previous technical note, the importance of the support level of 19250 was discussed; it was mentioned that if this level stands protected for Nifty, the Index can rebound and inch higher towards 19700+…
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On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson shares one of the simplest yet most effective ways to streamline and enhance your charting routines on the SharpCharts workbench: StyleButtons. By assigning your favorite “ChartStyles”…
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In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen McGonagle reviews the weakness in the broader markets while highlighting bright spots amid base breakouts. She also shares best ways to prepare your watch list and…
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We are now in the seasonally weakest part of the calendar year. The summer doldrums often lead to a meaningful pullback in the third quarter, and 2023 has, so far, not disappointed by following the seasonal…
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“September is when leaves and stocks tend to fall; On Wall Street, it’s the worst month of all.”— Stock Trader’s Almanac. Why is September considered to be the worst month for stock market performance? There’s…
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In this edition of StockCharts TV‘s The Final Bar, Dave wraps the week with a focus on weakening breadth conditions, the Russell 2000 and underperformance of small caps, and strong energy stocks driven by stronger crude oil…
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The Energy sector (XLE) has been enjoying a rally throughout the summer. Today it logged a new all-time high on a small breakout. While the sector looks impervious, there are a few concerns that we…
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Every trader has preferred ways to find market opportunities and select tradable stocks. Among these methods, which exist in great numbers, are those that concern “seasonality” or market patterns that tend to repeat, according to…