Technical Analysis
Technical analysis is where one tries to anticipate a future price move on a security based on its past behavior. There are a great many technical indicators and oscillators such as price movements, volume, and chart patterns. In reference to price movements and chart patterns I will educate you all on one I see happen […]
Tom Gentile
Let me show you a couple of charts to visually define a chart pattern that when I see it and trade it helps me make nice profits. There is no denying the markets have been on a prolonged upward motion since the October lows of 2023. Add to that the recent continuing upward move higher […]
Since the October of 2023 lows for the Dow the market has been on an impressive, bullish run. Many market pundits have said the markets are over extended, (overbought) and due for a pullback. I am authoring this educational article for you today, due to the Dow Jones Industrial Average breaking a 3-month ascending support […]
Money Calendar
My research in assessing a directional bias for the markets overall starts with a look at the charts on what I call my ‘Corners’ of the market. I look at the following 5 corners or area of the market. Once I go through these charts I assess whether I am bullish, bearish, or neutral on […]
I have submitted many an article over the past month or so with reference to the markets making all-time highs. This article is going to address the concern of when the markets pull back off those highs and what one can do to anticipate a potential future price support. The below image shows that past […]
Did you miss Part 2? Catch up here. If I didn’t mention in my Part 2 write up on Support and Resistance that there are various types of situations where one can assess Support and Resistance that I could write more than 2 educational pieces on it, then let me iterate that now. So far, […]
Did you miss Part 1? Catch up here. I wrote a Part 1 article last week educating all who read the article a chart pattern in technical analysis called Support and Resistance. I am realizing that I could actually author numerous articles on support and resistance as there are various pattern where one can see […]
Whether you trade securities or options on those securities you are likely using charts of them to find your entry and exit points for your trades. You all know me by now and though I have long-term investments I am primarily an options trader. Even though I mostly trade options on securities and not the […]
Before I provide a quick, basic options education on the option strategy planned for this article, let’s take a technical look at the SPDR Dow Jones Industrial Average ETF Trust (DIA) or as some refer to it as the ‘diamonds’. You see it? DIAmonds. In the above chart image, I have solid, green lines to […]
