Category: Technical Analysis

Options Strategies to Consider Based on Short-Term Implied Volatility 

Posted on March 25th, 2022

Implied Volatility Part of what makes up the premium of an option is what’s called Implied Volatility. The definition of Implied Volatility (IV) from Investopedia.com is implied volatility is  a metric that captures the market’s view of the likelihood of changes in a given security’s price. What we see is as is a means to […]

The Stock Market Reversed Today 

Posted on March 22nd, 2022

Does this Stock Market Move Off Recent Lows Have Legs? Yesterday, the market started its sell off after the comments from Fed Chairman Powell say about 12:30 pm US ET.  We know from Chairman Powell the Fed is prepared to use all the tools at its disposal to combat inflation. We have hear that before […]

A Dip in Oil Pricing Provided a Bullish Opportunity 

Posted on March 21st, 2022

The Markets had its Best Performing Week Sine 2020 Last Week Post the Fed announcement on short-term interest rates and Chairman Powell’s subsequent commentary on what they see on the horizon for future rate hikes, the market had a bullish week. The talk Powell gave was deemed one with a Hawkish tone.  Indicating the Fed […]

Stock Market Continues to be Bullish after the Fed Raises Rates 

Posted on March 17th, 2022

How the Markets Look Post the Fed Announcement Here we are at the end of the week, post a Fed Rate hike that has been 3 plus years in the making. The markets traded the last couple of hours (Wed.) in a roller coaster fashion but closed near or at its highs for that day. […]

Symmetrical Triangle Pattern on Dow Jones Industrial Average ETF the Diamonds 

Posted on March 11th, 2022

A Technical Price Pattern on a Dow Jones Industrial Average ETF, the DIA An ETF on the Dow Jones Industrial Average is the DIA, aka the Diamonds. It tracks the price and yield performance of the Dow Jones Industrial Average Index,  It’s price is basically one, one-hundredth of the price of the Dow. Instead of […]

Price Support Levels to Watch on the Stock Markets ETFs

Posted on March 7th, 2022

A Brutal Day for Stock Market Bulls Today was a horrible day of trade for the bulls. The Dow Jones Industrial Average closed down 2.37%. The Nasdaq Composite lost 3.6% and is clearly in bear market territory as it is 20% off its all-time highs. The S&P500 fell further in to correction territory having ropped […]

February 2022 Ends on a Bullish Run 

Posted on February 28th, 2022

Bullish Day in the Stock Market Today The markets started off flat to slightly down on the open.  It rallied in its first couple of hours before it rolled over to form pretty much a double bottom on the day with an hour and a half to go in the day’s session. That last hour […]

Russia Attacks Ukraine and the Stock Market Trades Higher

Posted on February 25th, 2022

The Stock Market has Created a Bottom for Now Seeing the market go down due to the threat of Russia invading Ukraine, even though investors don’t like it, at least can understand it What is tough to understand is now that Russia is attacking the market is ramping higher the past two trading days. Technical […]

The Double Bottom in the Stock Market Charts (DIA and SPY)

Posted on January 28th, 2022

Stock What Happens Now That We Are at Support Can Make or Break the Markets I am using the charts on the SPY which is an ETF that tracks the S&P500 ETF SPX, and I am also using a chart on the “Diamonds” (DIA) which is an ETF that tracks the Dow. I am doing […]

Stock Market Reverses and Trades Higher — What Now?

Posted on January 24th, 2022

Major Upside Reversal in all three Major Market Averages Call it a capitulation day, call it short covering, no matter the name the Dow Jones Industrial Average, the NASDAQ, and the S&P 500 all had bullish reversal days today. The chart on the ETF that tracks the performance of the S&P500, the SPY shows the […]