What’s Next for the S&P 500?
[dc]L[/dc]et's take a quick look at some developing market structure in the US stock market. First of all, consider the broad context: we are firmly ensconced in summertime trading conditions.…
[dc]L[/dc]et's take a quick look at some developing market structure in the US stock market. First of all, consider the broad context: we are firmly ensconced in summertime trading conditions.…
[dc]I[/dc] wanted to take a look at a short trade in gold we closed out yesterday in my research report I write for Waverly Advisors. There are a few good…
[dc]T[/dc]oday I want to follow up on my previous posts on the rally in the Indian stock market and think a bit about how to balance technical and fundamental factors.…
Reader Shai suggests a clarification on my last post, specifically concerning the gap and the idea of slippage being a good sign for a trade: Like always great posts. Again,…
[dc]I[/dc] wanted to follow up on my recent post about trading the rally in India. I ended that post with a question: We were planning to enter EPI (an earnings-weighted…
[dc]T[/dc]oday I want to take a look at the recent move in India's stock market. I will discuss how we traded it (and signaled the move far in advance) in…
[dc]I[/dc] want to write what might be a complicated blog post, but stick with me. I'll try to make it as clear as possible, because there is a good lesson…
[dc]T[/dc]he chart above is a daily chart of the EURUSD. I've written before about some of the challenges with using technical analysis in currencies—it's not that it can't be done,…
[dc]A[/dc] few weeks ago, I discussed a possible impending breakout in the British pound in this post. This is a good time to take another look at the pattern, how…
Silver is sitting on long-term support, with good potential downside below. There are a few things to think about here: First, this will not be a clean or easy trade;…
[dc]C[/dc]urrencies have been difficult technical trading for the past several quarters. This is partly due to the nature of currencies—though there is a lot of TA lore about currencies trending…
By way of history, we have been bearish on Gold for quite some time in the research I write daily for Waverly Advisors, and we hold a short that was…
Yesterday's weak closes in major stock indexes do threaten trend integrity, at least on the intermediate term: though fairly small on a nominal basis, these moves were large on a…
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…
No, not a "loony" crazy breakout, a breakout in the Canadian dollar (also called the loonie!) The chart above is of the USD/CAD, so up on this chart is down…
Japan shows a clear pattern of higher lows holding into a ~9 month long resistance area. This is a pattern that often sets up a breakout, but in this case…