Recent zentrader's Commentaries
Futures Are Diving
This market signal is shaping up to be a monumental flop with the Dow futures off nearly 260 points. Should we open lower and sell off throughout the day look for my timing signal to reverse. It appears that the lack of strength and individual breakouts is proving to be an even bigger indicator o...
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Tags: technical-analysis | futures | trend-trading
Miners Are On A Tear
So far my market timing signal this cycle isn’t off to a great start with 2 down days and to be honest I’m inclined to think further losses are in store. However it remains a buy and I did pick up a rather large position in SPY on Friday on the pullback. It wasn’t the easiest of trades to hold...
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Tags: sector-review | exk-mdw | gold-miners
Two Chart Views on Bonds Recent Breakout
Bonds hit a new all time high on Friday but I’m not very bullish on the chart for a number of reasons. It’s more of an upward channel than a breakout in my book (If we broke out of the channel I may change my tune) Volume is on a major decline ADX is moving lower indicating the trend is weaken...
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Tags: sector-review | bonds
Recommended Weekend Reading
The purpose of the markets is to redistribute wealth from the many to the few- If you read any of these, read this one. Very important. Justin Mamis Trading Wisdom- Now is always a good time to brush up on your trading education. The market isn’t predictable and it wouldn’t help you anyways – “T...
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Tags: recommendations | trading-wisdom | tweets
Holding Steady at Support
Today’s move was unfortunate because I covered my shorts yesterday, but the pieces are falling in place for more gains per my timing signal. About the only thing that could derail further gains is the jobs number tomorrow. However, with the analysis of the charts that I have in front of me, what ...
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Tags: macroeconomics | employment-numbers | macroeconomic
Is Astrology Bunk?
The following post is by Karen Starich, who uses astrology to forecast events in the Stock Market. Some readers have questioned or may be questioning the legitimacy of my analysis here on Zentrader. I think it’s a fair question. Some may wonder if I am using TA to get my projections or formulated...
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Tags: financial-astrology | astrology
Market Astrology: The Euro
The following post is by Karen Starich, who uses astrology to forecast events in the Stock Market. If you find her insights useful you may want to check out her premium service Astrology Tradersfor specific dates andin-depthanalysis of future events. Jupiter at 10 degrees Taurus is supporting the...
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Tags: financial-astrology | currency | euro | fxe
Market Timing Signal: Long
As much as it defies logic my timing signal has switched and it is now prudent to close your shorts and begin buying stocks, preferably those that are breaking out to new highs. The good thing is that there are a few to pick from and unless more start to show up on my scans we won’t have a very l...
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Tags: trend-trading | market-timing-signal | trend-trading
Discretionary Traders Vs Systematic Traders
The following is a guest post by Stephen Burns, who is a trend follower that specializes in momentum trading utilizing the Darvas System. You can connect with him on twitter and facebook. The difference between traders that rely on their instincts and chart reading abilities and those who are pur...
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Tags: trend-trading | discretionary-trading | system-trading
Market Astrology: Update on the Miners
The following post is by Karen Starich, who uses astrology to forecast events in the Stock Market. Subscribe to Astrology Traders for details and specific dates. Just as I thought the miners started getting lots of media coverage August 29th. There will be a huge momentum change (to the upside) ...
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Tags: financial-astrology | gdx | gld | gold-miners | slv
2600 – Line in the Sand?
This level has been a significant area of support and resistance in the past and we nearly tagged it today. Maybe one more push up before it reverses? There are some good things going on in the markets in regards to my timing signal, but we need to take out this area with conviction to prove the...
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Tags: trend-trading | rsi
Euro Approaching A Major Top
The Euro looks as if it’s about to move lower from current levels. When you step back and look at the big picture it’s been making a wave of lower highs and lower lows since the 08′ top and looks to be near the upper range of the downward channel. A break below $140 could send this significantly ...
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Tags: sector-review | currencies | euro-trust | fxe
Bullish Setups From Today
We even got some leadership and a few charts that I’ll be focusing on when/if my signal does change in the coming days. A few others that didn’t show up on my scans due to weakness in the precious metals sector that I’m watching are AUQ EXK and RIC. All have had explosive moves lately and look li...
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Tags: technical-analysis | bullish-setups | momentum-stocks | stocks
Today Was a Win For The Bulls
I’m not sure if today’s rally was the start of a meaningful trend, but there are a lot of positives to take away from today. Breakout of the wedge on the Dow. Accumulation as seen in the upside/downside table below. 90% plus upside days on all three indexes. It’s even possible that my market timi...
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Tags: trend-trading | market-internals | upside-downside-days
Astrology Traders Goes Live
. I am pleased to announce that the doors are opening for founding members to Astrology Traders starting August 29th. I thought it was best to do a “soft launch” to give you a chance to lock in these introductory prices as I work out any kinks with the technology associated with a subscripti...
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Tags: financial-astrology | astrology | karen-starich
