Failed Breakout In Global Payments Inc Stock ($GPN)
Failed breakouts can be extremely powerful patterns, especially when combined with momentum divergences across multiple time frames. Experience has shown us that from failed...
Why The Utilities Relative Strength Is Likely To Continue
Vinny-“The UTES are back!!” Judge- “Did you just say UTES??” Vinny-“ Oh excuse me, your Honor, Utilities”
Yes, Utilities are back with a vengeance alright,...
Why Market Bears Are Eyeing The Power $QQQs
I try and remain objective as possible.
I am in the bull camp, have been for the past couple of weeks, and still believe new...
Dow Jones Utility Average Overdue For “Major” Correction
Are you watching the Dow Jones Utility Average? Well, you probably should be. Utilities have been a strong sector, especially off the recent market bottom...
S&P 500 Declines Into April Highs: Will This Support Hold?
That's a great question. No one knows with any certainty which is why we follow the price action and (indicators related to price). They...
Dow Jones Megaphone Pattern Defines Risk On / Off
Below is a chart of the Dow Jones Industrial Average going back to the 1950’s using monthly closing prices. It highlights two important Dow Jones Megaphone...
Biotechnology Index BTK Trading Near Critical Price Level
A key index of biotechnology stocks may be approaching significant levels of resistance.
Throughout the course of the post-February rally, one topic that has been...
S&P 500 Futures Update: Can Bulls Keep The Momentum?
S&P 500 futures outlook for June 8, 2016 – ES_F –Breakout formations grinding higher this morning after a day of consolidation at these breakout...
S&P 500 (SPY): 10 Things To Watch In Battle For All-Time Highs
The S&P 500 Index is nearing its all-time highs. And the S&P 500 ETF (SPY) is at all-time highs (dividend adjusted). Either way, the...
Finding Your Trading Edge… And Using It!
Want one of the quickest and easiest ways to quantify your edge? Every time you place an initial stop, place an initial profit target...
