Author: Chuck Kowalski

It was no surprise on Thursday that the market would retest the flash crash lows, but the question is whether it would pass or fail.  Thus far, it has passed.  The market basically opened below the flash crash lows and...

The market is really looking bad.  Many are still in denial that the market can actually go down.  It reminds me of when the Internet bubble popped.  The bulls were so brainwashed that they couldn’t believe...

You can get a good feel by how strong or weak a market is when you tradeoff the 5-minute charts or a similar timeframe.  The first thing you want to recognize over a couple days is whether the buy signals or sell signals...

Mondays have been very good to the markets for quite some time.  It seems like Mondays have been rescuing the markets from some ugly looking Fridays and they also resume the relentless uptrend with a big buy day. ...

Volatility is wreaking havoc on the stock markets and the last two days has many traders wondering where this market is going.  I normally trade from the 5-minute and 15-minute charts, but I look at the daily charts to give...

The market is finally seeing some volatility on both sides, but there is no clear direction.  This can be very frustrating for those looking for a selloff in the market and those looking for a resumption of the...

I know I’m not the first to call a top in this market and this is not the first time I called a top in the stock market, but I am switching my focus to trading from the short side.  I only have to look at a chart of...

The Nasdaq futures made a run at the highs on Wednesday are were rejected.  You can see from the chart that the Nasdaq Emini broke the previous highs by 1 tick and failed.  There were some resistance levels there that...

The Emini S&P looked like it was opening on the highs and might trend lower for the remainder of the day.  The market was overbought coming into Tuesday from the afternoon rally on Monday.  The bulls quickly took...