We’re awaiting a breakout from the coil or consolidation range pattern in Crude Oil. Let’s update the pattern and key planning levels for this Compressed Commodity. As I’ve been highlighting in our Weekly Strategy and Planning Report for Members, Crude Oil remains compressed under its falling 50 day EMA. Previously, Oil was playing “Ping Pong”…
Believe it or not, the big four US Stock Market Indexes – S&P 500, Dow Jones, NASDAQ, and the Russell 2000 – are painting different pictures of the current sell-off and test of support. What’s the message of each market index and where might we be going from here? Let’s take a look and plan…
As we officially end September, let’s take a look at today’s planning update as stocks rally from support with positive divergences. Let’s update our levels and plan the remainder of today’s session: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Here’s a quote from…
After a stellar trend day down yesterday, odds favored a Range Day Consolidation for today, which is precisely what occurred on positive divergences. Let’s update our levels and expectations: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Here’s a quote from last night’s member…
In yesterday’s big sell-session, Biotech and Health Care stocks were among the biggest laggards of the day. Let’s take a look at the strong rally in 2015 that gave way to a bust or reversal recently. We’ll start with the Biotech iShares ETF – IBB A strong rally in July – continuing a strong uptrend…
There we go again! The general expectation was that price would likely retest or trade toward the prior “spike-reversal” August low and the last few trading days have set that swing in motion to the lows. Let’s update our levels and plan the remainder of today’s session: In-depth analysis is always provided to members of…
Yesterday’s mid-day reversal continued with a bullish rally all the way toward the 1,950 target. Let’s update our levels and plan the remainder of today’s session: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Here’s a quote from last night’s member strategy planning report:…
We’re seeing another sell-session that’s similar to what we saw Tuesday. Let’s update our levels and plan the remainder of today’s session: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Here’s a quote from last night’s member strategy planning report: “In simpler terms, price…
So, what’s going on with WYNN Resorts? This stock has consistently appeared on our “Weak Stocks Getting Weaker” and “Intraday Strong Downtrending” Candidates for months now. The bigger picture shows us why – and we’ll start with the Monthly Chart: It’s not often we see a strong outperforming stock (as was the case during the…
An upside rally took price into 1,950 on negative divergences while a Trading Range gripped the market. Let’s update our levels and plan the remainder of today’s session: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Price found key support just above 1,930 –…