Looking at the monthly charts of the four major indices as we hit mid-June, all but the Russell 2000 are trading above their 23-month moving average. Thus far, this is in line with our prediction…
Category:
Stocks
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On this week’s edition of Moxie Indicator Minutes, TG discusses how the market has suddenly awoken, with more names are starting to breakout and participate in the long side after basing for a year. He…
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What a week the market had! At the start, things looked positive for the S&P 500 index ($SPX). The index finally broke above the 4200 level, the debt ceiling issue was resolved, and the probability…
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Note: For the sake of brevity, this article will take a bullish and long-only approach. If you’re interested in going short, you can apply this information, but in reverse. How can you efficiently use the…
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After a huge rally off the March lows, the first full week of June saw the markets move sideways for the most part. At noon on Friday most US indexes were up marginally on the…
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In this edition of the GoNoGo Charts show, Alex and Tyler review the recent breakout from the downward-sloping trendline of the Russell 2000 (IWM) and “Go” trend conditions on the daily basis, and neutral trend…
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On this week’s edition of Stock Talk with Joe Rabil, Joe shows how ADX can help us identify topping patterns. Tops can take place in the form of a climax or in the form of…
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It’s tempting to think of Bearish Engulfing patterns as the negative counterpart to the Bullish Engulfing pattern because, technically, they sort of are. But the Bearish Engulfing pattern also presents a trading opportunity that’s unique…
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The U.S. trade deficit widened to a 6-month high and by the most in 8 years. That means that we imported way more goods while our exports declined. Now, we don’t like to use one…
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In this week’s edition of Trading Simplified, Dave shows his methodology in action with a recent “better-than-a-poke-in-the-eye” crypto trade and an open stock position where he’s “free rolling”, which is the secret to longer-term trading success.…