Posted on May 25th, 2022
Originally published on May 18th, 2022. Subscribe for early access! Another Bull Trap and Resumption of Bearish Market Activity A Bull Trap is a ‘false’ pattern or signal that tends to happen in a bearish market environment ( a bear market). In definitions I’ve heard and read over the years it’s said this pattern ‘tricks’ […]
Posted on May 23rd, 2022
You may have hears when it comes to technical analysis sometimes the patterns or setups become a self-fulfilling prophecy. If Enough People Use the Same Analysis on a Security The term self-fulfilling prophecy to me means there are enough investors and traders that see the same pattern or the same technical indicator (bullish OR bearish) […]
Posted on May 20th, 2022
When the markets are sliding like they are year-to-date one should work with their financial professional / broker on whether you go more to cash, re allocate your money to a different asset class or consider cost averaging stocks you own. It’s this last idea that I want to offer some insight to. Recognize I […]
Posted on May 19th, 2022
A bear market is defined as a 20% drop from an index’s 52-week high. The S&P500 has become more of the benchmark traders and investors use to assess what is going on with stocks / the economy It used to be the Dow Jones Industrial Average, but nowadays more and more professionals get more out […]
Posted on May 17th, 2022
Energy Sector Positive for the 6th Day in a Row When it comes to analyzing the big picture on Energy and Oil I look at the chart on United States Oil Fund, LP (USO). This fund, per Yahoo Finance, invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating […]
Posted on May 16th, 2022
Is the Market Finding Support at Least for Now? One day reversal usually do not speak for a trend forming. Usually the security needs a day, two or three follow through. Japanese candle sticks are a technical chart view and means to assess reversal or continuation patterns for securities. One could make for a case […]
Posted on May 13th, 2022
Past History Patterns for Bears Tough to Find We’d love nothing more than to highlight some bearish Money Calendar patterns that we could then show a Long-Put trade on, but the setups aren’t there. We have been highlighting bearish Call Credit Spreads in other places and the reason for that is so we can try […]
Posted on May 12th, 2022
I’ve written about Fibonacci in past articles, but for those needing a refresher know that the Fibonacci sequence is used in some people’s technical analysis. One takes the closing low and closing high over a period of time and then plots their software programs Fibonacci tool on the chart to assess potential support and resistance […]
Posted on May 11th, 2022
Bulls and Bears are playing some serious tug of war intra-day, which is either really fun or really aggravating for you day traders. Money Calendar traders really aren’t day traders, but if a profit target gets hit in a day we are likely to grab it. Here is a Money Calendar bullish setup that we […]
Posted on May 10th, 2022
How you Trade is Your Decision Yesterday the discussion was what it means to be a contrarian trader. The idea behind being a contrarian trader is that you would not fall victim to the herd. If everyone is doing things one way, and it isn’t necessarily the right way, everyone in that group is at […]
