Chart of the Day: Anti in EURJPY
This chart shows a common context for the Anti pattern: following an overextension of an established trend (A), the market makes a sharp counter-trend move (B), and then pulls back…
Chart of the Day: Anti in TWTR?
The "Anti" is a name coined by Linda Raschke (in her excellent book Street Smarts) for a trade that was originally defined by an oscillator pattern—when short term momentum pulls…
Chart of the Day: Weekly Anti in TWC
A weekly sell Anti setup in TWC contradicts the prevailing sentiment.
Chart of the Day: Gold: Set for a Breakdown?
Continued from this chart earlier this week, Gold shows further evidence of breaking down. If you do not have a position, use small daily consolidations to position short, for example,…
Short setup in Technology (XLK)
There is a clear bearish Anti setup in the Technology Sector SPDR (NYSE: XLK.)Â Linda Raschke first wrote about this pattern, and created the name for it. I have found it…
Chart of the Day: Russell 2000 Index
I tend to believe it's usually counterproductive to do too much in-depth technical analysis on different market cap or sector indexes. Everything is so tightly correlated anyway, so differences often…
Daily Chart: Weekly Market Structure in S&P 500
Note the weekly bear flag on the S&P 500 index. You may call it by a number of different names (wedge, pullback, anti, flag, etc.), but the concept is the…
Chart of the Day: 2/1/2012
[dc]C[/dc]ontinuing from this post, I thought it might be useful to show the initial outcome of the APOL Anti trade. As a refresher: A: Overextension. (In this case 3 pushes…
1/26/12 Chart of the Day
[dc]T[/dc]his chart shows an Anti pattern in the chart of Apollo Group, Inc (Nasdaq: APOL). This is an important trend termination that often leads to some very clean trades. This…