Chart of the Day
Chart of the day: global stock volatility
Here's a chart I published yesterday in the research I write for Waverly Advisors. I thought no comment other than "wow" was needed... (Edit: my work is now available at Talon Advisors.)
Chart of the Day
Chart of the Day
Chart of the day: trend conflict in gold
Chart of the Day
Chart of the day: EUR/TRY trend and extension
Chart of the Day
Post election market analysis and overview
I want to share a video I did for my research subscribers this week. Though this is a few days old, it's still valuable. I would like you to think about two things as you watch this video: First, I do look at trends and most likely price
Chart of the Day
Video blog: market conditions and trend structure
I wanted to share a video that I do weekly for my research subscribers. (More information and a free trial is available here.) This is something a bit different from what I usually do here on this blog; I tend to keep the blog a bit more "classroom"
Chart of the Day
Five charts to start the week
I thought it might be useful to star the week with a look at trends and possible inflections in a number of major markets. Here's a quick look at stocks, biotechs, Treasury futures, and crude oil. Bottom line: * Stocks failed to develop downward momentum. Further consolidation around current
Chart of the Day
Chart of the day: Short term setup in S&P 500 (6/5/15)
* Yesterday’s moderately strong downtrend came within higher timeframe consolidation. This is still a market primed for a stronger trend move. Do not fade a break above or below key levels on the daily chart. * Fridays can generate some strong trending action ahead of the weekend. Do not get caught
Chart of the Day
Chart of the day: S&P 500 short term setup (6/4/15)
* This is still a market seeking a catalyst, though bullish factors continue to accumulate. Look for a strong rally above the 2121-2124 level; do not fade a breakout that holds above that level. * After several days in a large consolidation area, there is a higher probability of a trend today.
Chart of the Day
Chart of the Day: S&P 500 short term setup (
* Little motion and no new tactical information [yesterday]. Market is still consolidating and still in breakout mode: expect sharp continuation once the consolidation is decisively broken. * The edge is still for an upside breakout. Intraday, selloffs are bought with conviction. Though the probabilities tilt toward the upside, respect the potential
Chart of the Day
Chart of the day: S&P 500 short-term setup (6/1/15)
* Overall context is a broad consolidation, with volatility contraction visible on intraday charts as a triangle. * Within this area (and expect wide, “messy” definitions of the confines of the pattern—not precise levels), expect failures and sharp spikes that are quickly reversed. * Do not fade a breakout from this area,
Chart of the Day
Chart of the Day: S&P 500 short-term setup (5/29/15)
* Bullish bias today, watching 2019 – 2025 as a reference range (not an exact level). Clearing this resistance could lead to a sharp rally. Failing to break that resistance could lead to another down day. Flexibility is required, but the market’s relation to that range will be the key. * Normal
Chart of the Day
Chart of the Day: S&P 500 short-term setup (5/28/15)
* Momentum begets momentum—selling, usually, leads to further selling. Yesterday sent a loud and clear warning to bears in US stocks: there is a lot of hidden bullish conviction. The rally was, statistically speaking, the least likely outcome following Tuesday’s decline, and the message of that decline demands attention.