as posted in TRIGGER$ Feb Issue -Feb 1st 2016 Weekly: Gold remains within a large downtrend – red channel. Recent left has done so off significant market levels. W%R lifting to upper extremes suggests more lift potential. Daily: Red box indicates potential significant lift if market continues to follow curved ellipse support that was identified last month. […]
Here are 2 technical trade set-ups that I am watching: both could offer an opportunity for an option or stock trade. VWO Here’s what we were looking at back on Oct 5th when the chart was originally set-up. It had been in a steep drop, recently finding support and moving back to retest long term […]
Market Road Maps, SPX Road Map
Market action on Thursday lifted in to the High Probability Target Zone published in TRIGGER$ on October 1st. “Current market form suggests a consolidation, with another lift up needed to complete before the next significant drop occurs (continuation of the dramatic fall off that can be seen). This could see the red channels above re-tested…… […]
Market Road Maps, SPX Road Map
Today had a slight market pullback that may still be felt a little bit yet tomorrow. However, this is likely just a normal correction to the upward trend, which will continue once the correction is complete. Looking at chart 1 below you can see the current market at several significant technicals: the 13ma, green channel […]
Market Road Maps, SPX Road Map
A few potential moves to watch out for this week. Some correlation between the indexes and stocks. Indexes: SPX, NYSE,NASDAQ SPX: Watching for a little bit more potential lift, where wave A = wave C, taking the market to around the 2055 level. Significant red long-term trend lines and other technicals can be seen in […]
Above you can see the original technical setup. Today saw the market flirt with the $22.00 technical short entry…. I didn’t exercise very much patience and jumped on the 1st hit of another potential break of the TC (technical trigger). I am looking for a drop to fill the gap. IF this occurs, there is […]
This was the original technical set-up I was watching. Despite general market conditions, we can see a steady rise this year in the security. At this point I’m banking on the large ellipse pattern that can be seen on the weekly pattern. What this is showing is that the stock momentum is increasing with the ellipse […]
A new academic study finds that the stock recommendations made by technicians on CNBC’s ‘Talking Numbers’ show have outperformed those from fundamental analysts. CHAPEL HILL, N.C. (MarketWatch) — The age-old debate between technicians and fundamental analysts appears to be on the verge of being answered. Over investment horizons ranging from one month to one year, […]
Market Road Maps, SPX Road Map
A quick review of our S&P market analysis this year. While the recent market moves have caught some by surprise, we have been expecting it for some time. As you will see, several warnings were clearly given. Charts 1 – 3 were published at the beginning of spring this year. These are weekly charts and […]
TECHNICALS & MARKET ANALYTICS Volatile Estimates in Europe July 14, 2015by Jennifer Thomson in Changes in sales and earnings estimates have historically ranked fairly high in our factor analysis– a methodology we employ to gauge which variables have the greatest influence on/ correlation with moves in the overall market. Generally speaking, both variables have improved (albeit marginally) since […]