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Author: Jeff Pierce

TLT or TBT

You can see on this chart we closed just above major volume support. Volume expanded on the latest move higher with is usually bullish behavior. 1 yr weekly Although we found resistance at the 200ma, I feel confident given the...

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Support Held in Metals

I’m not crazy about this broadening pattern that is forming on these weekly charts, but for now support has held and it seems that precious metals want to move higher when you consider the movements recently in the miners....

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Yesterday’s Internals

Little late in posting this but felt it was important to note that we had a 92% downside volume day. This was the first day of this type of negative internals since 3/28. We almost had a 90% volume day on 4/20, but we missed it...

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Resistance Overhead

Here is one of the charts I’m watching to see if the topping process we just underwent is the real deal. Today’s move up was not unexpected and as long as we stay under the box and the RSI doesn’t doesn’t...

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Dollar Cracks

I just noticed that that US Dollar has fell below two key areas of support in the last week. Those being a major trend line going back to last August and the widely watched 200 day moving average, indicating that this...

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Lunar Charts

I’m somewhat fascinated by the concept of new moons and how they may possibly effect the Stock Market’s movements. Here are a few charts I came across from sentimentrader. clipped from sentimentrader.blogspot.com...

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