Author: Edge Trader Plus

Wednesday  28 April 2010  Yesterday was an excellent example of assessing a market and acknowledgingthat change can occur at any time.  In our last article, S & P – Corrections Say Normal Trend, mention...

Tuesday  27 April 2010  The daily chart below shows a lot of numbers, 1s and 2s, and they represent how many days price corrected by making a lower low.  Once a trend is established, corrections typically...

Monday  26 April 2010  Last time, we were on the short side of the market, but when there was no downside follow-through to the decline that started on the previous Friday, the 16th, the fast turnaround on last Monday,...

Friday  23 April 2010  Happy birthday to William Shakespeare!  So far, there is no hard evidence of a market top, so the trend remains intact, and the most important aspect for trading is knowledge of the...

Friday  9 April 2010  The highest ever monthly volume caught our attention, last week, and what made it more interesting was the fact that price did not make much downside progress, given that huge volume...

Monday  5 April 2010  The current move in stock indices has been perplexing, if one does not consider government manipulation.  This rally reminds us of a bumble bee.  On paper, describing the...

Thursday  11 March 2010  Yesterday, we presented a weekly chart showing the primary S & P trend, suggesting that it has room to go much higher, S & P – New Highs Coming, Or At A Top?, [click on...

Wednesday  10 March 2010  This weekly chart shows an up channel that captures the market activity, to date.  Back in July 2008, there was a reaction low at the 1200 area, noted by “Support Rally” on...

Friday  26 February 2010  Many time a turn in price direction will occur when there is a clustering of closes.  The reasoning is because a cluster of closes reflects an on-going “battle” between the...

Friday  26 February 2010  We have not been involved with the currencies, of late.  Many of the moves have begun in the overnight trading hours, and the risks of taking a position during the U.S. trading hours was...