Hi Everyone It was great to meet some familiar and some new faces at the Dan Zanger workshop in Los Angeles on Saturday. Since then I’ve hopped from West to East, spending a few days in …
I mentioned last time that the S&P was forming a potential a bear flag. The very next day the market slid further but did not break the support formed by the low on 10th April. Our tra…
The S&P has had a negative OVI for all but two days in April, and while it isn’t hugely negative, at the same time it’s now forming an extended bear flag like pattern. The only reason it’s n…
I don’t think anyone has been particularly surprised at the market’s current retracement. After all, the S&P’s OVI turned negative two weeks ago and has stayed negative since. Yesterda…
Just a couple of charts today to keep you on your toes. One thing my best students have in common is that they take their first profit target quickly. For more information on that, log…
Yesterday I showed you XOM which looked rather bullish even though it hadn’t yet broken out of its range. The reason I highlighted it was to demonstrate the power of the OVI-chart pattern combin…
I just wanted to show you something a bit out of the norm today … I was looking at XOM today and noticed something that looks pretty obvious to me, but perhaps not to you … until now! …
Today’s theme is Pullbacks – seems to be rather topical I’d say! Gold and Silver pulled back big time yesterday but it shouldn’t have been a problem if you use our trendlines to manage your trade…
Well, it’s presidential election year and historically these are quite positive for the markets. So that seems to be the case so far in 2012. Looking at the charts we’ve made some fa…
The markets continue to rumble upwards even while Greece burns in its latest austerity efforts. The main indices have continued with their rising trends and our BETA version of the “OVI Dashboar…
