Video blog: time to buy crude oil?
http://youtu.be/wCUW_KIwxEk A look at current conditions in crude oil, and some general comments on how to fade a trend.
http://youtu.be/wCUW_KIwxEk A look at current conditions in crude oil, and some general comments on how to fade a trend.
Continuing from yesterday's post, I wanted to dig a little bit deeper into the idea of what happens when markets go too far, too fast and snap back. This concept…
A look at the technical justification and support for a long trade in the Russell 2000 index, or other US indexes.
Despite all the good reasons for focusing on with-trend trading, the first pattern I taught in my book was a little countertrend pattern--the failure test. Why? In this case, the…
Last week, I covered pullback trading, which is one of the most common and most important with-trend trading patterns. This week, I will dig deeper into some different patterns, but…
This is the third article in my series on pattern recognition, and the last on pullbacks. Most patterns in markets are relatively simple, and most patterns were labeled long ago.…
This is the second in a series of posts on pattern recognition, following up on yesterday's post that dealt with trading simple pullbacks. The pullback truly is one of the…
I'm starting a short series of posts here on pattern recognition, focusing on simple patterns that I have found useful in actual trading. Some of my readers may have questions…
Markets normally move in alternating waves of with-trend impulse moves interspersed with lower volatility pullbacks. This is a reliable trend pattern, and, in fact, is enough to base a trading…
I post a lot of critical thoughts, and spend a lot of time encouraging people to think deeply about the technical tools they use. Recently, I've received a lot of…
Continuing from my previous post on moving averages, let's take a look at using a moving average as a trend indicator. Again, here is some material from the unpublished part…
Ok, so I'll warn you up front: this one's going to be a little bit difficult. The response to my post on the 200 day moving average in the DJIA…
This is one of those technical questions that does not have a quick, simple answer. The best answer is "no, not really, and almost certainly not in the way most…
The chart above shows the 12 month return (vertical axis) against the shorter-term momentum (horizontal), for the major sectors of the S&P 1500. We can clearly see that the only…
The open, in many ways, is the most important price of the day; action off the open can often define the character of the entire session and even have implications…
Everyone is talking about the recent underperformance of small caps (and I've talked about it too!) This underperformance is taken to be a sign of an impending crash, or at…