Author: Jeff Pietsch

All resistance shall be broken (even for metals)!  Does this forward shift Fed Day tendencies?  Gaps like today have recently closed over 85% of the time… not today!  However, we seem to be facing some...

Both the NYSE and the Nasdaq saw the lightest volume of the year but we consolidated well without giving much back.  Breadth was poor, with oil and commodity-related plays dropping.  Intel and technology helped...

At least for the day…. This multi-day chart demonstrates the smoothing effect of accumulative tick and how that helps to highlight the underlying intra-day trend from a buy-sell pressure standpoint.   Related...

I was updating the PDQ this weekend and have added USO to the portfolio model to aid crude traders.  Thursday’s pre-close signal was solid red in the Final Signal column, whereas a midday update of the file hints at a...

In our eternal search for the trading Holy Grail it is often tempting to try and find the “ultimate” signal (indicator) and apply it to as many instruments we can. This single solution approach for the most part...

Although ranked volatility is in its lowest decile, daily swings have been fairly wild. This week’s ultimate bounce on two successive power gaps off of Monday’s lows left the S&P 500...

* Courtesy of ETF Rewind Related posts:Relative Strength 101 Quick Take: Relative Strength and Donchian Channel Breakouts Quick Take: Long-Term Historical Relative Strength by Market (RSM) Follow Up: Relative Strength addition...

We are faced with the possibility of another big V-shaped bounce, and we finished the week at the market’s highs. It is almost the exact action that dominated the market from September 2010 to February 2011,...