When using the RSI, readings between 20-60 are associated with downtrending charts and 40-80 are uptrending. The Vix has recently undergone a complete character change throughout the month of May. It’s also finding support...
Read MoreWhile it is true that once you have a stance it’s easy to find a million reasons to support it (much more than the 30 Christian supplied). That’s one of the reasons I am a huge proponent of following a system to take...
Read MoreNothing about these 2 charts suggest we’ve hit a bottom and that we’re going to bounce. If I was a betting man (which I’m not ironically) I’d say were going to see some serious resistance near the 200ma....
Read MoreMy signals are in line with Christians here that we’re going to see new lows on the Nasdaq. Today’s volume across the board was anemic and gives me no faith whatsoever that this will last more than 2-3 days at most....
Read MoreI recently had a laptop crash so I was looking around for external hard drive space to store ebooks and other files that I wanted to have a backup copy of. The neat thing about Dropbox is that you can share specific folders with...
Read MoreI find these cheat sheets incredibly useful and I hope you do as well. clipped from www.takepart.com It makes sense to have the facts handy.?A number of foodie-friendly iPhone apps have popped up in the past several months to...
Read MoreI like gold, and it’s important to be aware of the negative divergence that’s going on right now between price and RSI. I’ll be watching to see how we react when we hit the 1270 area and see if it proves to be...
Read MoreWith a weakening economy and declining job market people will be looking to get everything they can out of their current vehicles. These stocks should continue to perform well as their longer term charts are suggesting. While...
Read MoreLooking at this chart of Silver, I’m anticipating a big move based on the tightening of the ADX. Silver has been moving in such a predictable and ordinary way that it would seem it’s ready for a big move and when you...
Read MoreThis isn’t my long term system for when to be long or short, but some use this really easy to follow exponential moving average system to determine what side of the market to be on. A simple 50ema average...
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