We have been discussing various gap-fade tactics, and Thursday I mentioned that it’s best not to fade a gap in the Dow Jones index greater than 100 points and the market must have heard us talking about it! I didn’t know the Market read my blog!

In all seriousness, there is no technique that works […]

We’ve been waiting for this anxiously for months! The US Dollar Index is showing initial signs of strength, and has broken convincingly above resistance on the daily charts.

Generally, a stronger dollar (or currency) is psychologically beneficial to the people of the nation, is not always best for all economic parts.

For example, companies that rely […]

Here is a sampling of the idealized swing trades that could have been taken for the index action (DIA) for Thursday, December 20, 2007. It was another “U-Turn Buy” day!

As always, the FIRST play (trade) of the day when the index (Dow Jones in this case) experiences a gap of less than 100 points […]

As you may know, one of my most favorite chart patterns to trade recently is the bull/bear flag. Goldman Sachs (GS) presented one of the most beautiful and clear bear flags possible recently.

For a review, a bear flag occurs when there is a large momentum (price) move in one direction and then there is […]