I can’t personally say how good of an indicator this is, but I respect the work over at Trader’s Narrative,so I would be careful being to bullish at this time. clipped from www.tradersnarrative.com And now, we are...
Read MoreHere are for momentum charts that could be worth watching next week. 3 of them have had strong breakouts and HMIN is in the process of forming a very strong cup/handle on it’s monthly chart. I’ve never heard of...
Read More…from the week that teased us with a pullback many times, but fail to deliver. Here is some comic relief from a comedian that I had never heard of Joe Wong until my brother in law showed me today. Joe can be a little...
Read MoreI have a bullish thesis that could unfold tomorrow that causes a blow off top of sorts, ending with the markets finishing in the red. I’m not predicting this, but I want to present it in case it happens and the best way to...
Read MoreThese are updated charts of the housing market that I was exposed to at Agora Financial. One of the things the speakers stressed is that when a correction occurs of this magnitude it always reverts back to the mean at the very...
Read More..that doesn’t appear to be happening anytime soon. When I was young my dad used to have this saying that is very relevant to all those who hope for a pullback to get involved with this rally. He used to say to...
Read MoreI like this trade as a longer term swing trade (1-3 months) as it fell below it’s lower bollinger band this morning taking out many stops along the way. We could probably get this on a retest as the overall markets are...
Read MoreEverybody likes to root for the little guy. And when I say little guy I really mean the precious metals market. Those die hard gold bugs are rejoicing tonight and cracking their bottles of champagne because all is well in the...
Read MoreAll signs are pointing up and today’s rally confirms that we’re heading much higher. I hurt myself last Thursday by exiting my longs and trying to trade the small daily swings and now I’m forced to wait for a...
Read MoreCompliments ofBig Picture. I enjoy articles like this for future reference and there is an attached pdf with a more elaborate analysis. I’ll have a video update within the hour talking about today’s action and...
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