Moving Average Respect Example

April 28th, 2008 by Corey Rosenbloom

In my trading, I utilize moving averages to determine trend, support/resistance, and price structure.
The example today from the FOREX Australian Dollar / US Dollar cross (AUD/USD) showed an excellent example not only of how price can respect its key moving averages, but of momentum divergences as well:

This is a 5-minute chart of the cross, which […]


Correlation Between Yields and Stocks

April 27th, 2008 by Corey Rosenbloom

Can the relationship between 10 Year Note Yields and US Stock Prices reveal risk seeking and risk averse behavior of funds and investors?
Earlier, I posted a few charts on the topic, so be sure to refresh with those for more information:
Stock Correlation with the 10 Year Yield
A Look at Bonds, Stocks, and the Fed Rate […]


Dollar and the Dow Positions

April 27th, 2008 by Corey Rosenbloom

Let’s look at the price positions of the US Dollar Index and the Dow Jones Index to gather clues about possible moves next week:
First, the Dollar:

The Dollar Index rallied (strengthened) last week, after forming a tight coil and has broken above its key 20 period moving average. Price is finding preliminary resistance at the […]