While “The End is Near for the S&P 500 Triangle,” we’re also seeing the end of a similar pattern for Crude Oil. If you like trading breakouts or Triangle Patterns, you may have an opportunity soon to do so in both markets. Here’s a similar pattern setting up in the Crude Oil futures (@CL) contract…
“The End is Near!” For the ongoing Triangle Pattern in the S&P 500 right now at least. We’ve successfully traded the “Ping-Pong” action between these levels but now it’s time to prepare for a likely breakout and new impulse swing in the market. Which way? And exactly what are the levels? Let’s take a look!…
We continue the “Is the Market Retracing… or Reversing” Study with a look-back on the RSI and how divergences have previously preceded major market reversals. In the video we study the 2000 Bull-to-Bear Market Reversals along with the 2003 Reversal back to a Bull Market… and finally the 2007 peak and transition into a Bear…
Tonight’s the night! John Carter will be sharing his story of how he grew a new $150,000 account to $650,000 so far in 2015 alone. More importantly, he’ll be sharing specific strategies – applicable in high and low volatility periods – that he used and how you can build these strategies into your trading plan…
The Consolidation after the Drop continues with another big trend day to start the holiday week. Let’s chart the levels and possible outcomes here: I provided the upside price pathway to members Friday, speaking in terms of a symmetrical triangle price pattern that targeted a movement up toward 1,955 to 1,960 for a minimum target….
After the 2015 high volatility sell-swing in the US Stock Market, all indicators have been affected by the sell-off. Let’s update our “Color Keltner Channel” Indicator and pinpoint what’s happened and what levels are in play now. Keltner Channels – or Keltner Bands – are similar to Bollinger Bands in that they wrap around price…
I’m excited to share with you my colleague John Carter’s new video he just released after the recent market volatility. John is best known for teaching actionable strategies in easy-to-understand language and I fully support his educational efforts to the trading community – and hope you benefit from his teachings and strategies. His new video…
A sideways Triangle Pattern is forming in the market right now in a consolidation from the collapse. We have new levels – and new targets – in play. Let’s chart the levels and possible outcomes here: We provide in-depth analysis and planning to members of the Premium Daily Reports – I hope you’ll join and…
I absolutely was NOT kidding when I stressed the extremely high risk of trading inverse leveraged Crude Oil funds! I wanted to follow-up that prior post with today’s chart highlighting the collapse in price of these funds during a modest recovery in Crude Oil. Let’s start with the 3x inverse leveraged Crude Oil ETN –…
Odds strongly favored a continuation of the bullish movement from yesterday (see yesterday’s mid-day update and the planning chart with the green arrow pointing higher) and that’s precisely what happened this morning. Will the bounce continue? Or have we hit a key resistance target level and that’s all we get? Let’s chart the levels and…