There’s been a few posts recently connecting the Dow Jones index of 1929/1930 (crash and recovery) to that of today, and I wanted to share a link to the most recent video update by Adam Hewison who takes it one step farther than I have in my update posts on the comparison. Entitled “Dow 1929…
Monday brings us another quick update of the “Indicators the Disciplined Investor is Watching” from Andrew Horowitz. The February 8th update is entitled, “Oil Appears Oversold… For Now” and includes a quick overview of key index charts to watch. The above charts are a sample of the report, and clicking the image will link you…
The folks at Elliott Wave International are offering a special “FOREX Free Week” for all interested traders and investors to see what membership to the EWI FOREX Trading and Investing service is like. If you are a FOREX trader, or watch currencies in general, this is a great opportunity to take a look at research…
They folks at the Fibozachi website have been busy lately, posting a few brief updates to the state of the markets, including some bold claims on the state of the S&P 500. I wanted to share a few of those links with you here. First, here is today’s Short-Term Update Post published at the Zero…
Today’s column at GreenFaucet’s Technician’s Edge addresses the interested “Rounded Arc and Critical Support Level in Amazon.” In the column, I highlight the “Rounded Reversal” (arc) chart formation (complete with negative momentum divergence) that formed at the $145 level which formed a ‘mirror image’ decline to complete a (near) perfect arc. Initial support rests at…
Today’s article for the Technician’s Edge column at the Green Faucet Financial Website is entitled “Gold Successfully Defends Critical Support,” where I define why $1,075 is the critical level to watch and how today’s bounce – and potential rally from this point – was anticipated from this support level and a lower timeframe positive divergence….
It’s time for another update from Andrew Horowitz of the Disciplined Investor website for a check on “Indicators We are Watching for February 1st, 2010. The current update is ominously entitled “Bears in Charge” which highlights some key points that warrant attention. The following image links to the post, which shows some of the chart…
Apple (AAPL) investors rode a roller-coaster of news and stock price action last week, culminating in a massive sell-off in four days from the $215 area to the present $190 level. Let’s take a quick look at the Daily chart to highlight a key support level and then link to a video analysis by Adam Hewison who notes the “Bearish Engulfing Line” on the Monthly frame.
I’ve been impressed with the work of Fibozachi lately, particularly in regard to the recent “Short Term Update” posts. I wanted to provide a link to their most recent publication – written at the popular Zero Hedge website – entitled “Fibozachi Technical Update of January 27, 2010.” Here is a snapshot of a few of…
It’s time for another Traders Expo! The New York Trader’s Expo is the largest of the three (February, June, November) and has an amazing roster of speakers that you will not want to miss! Here is an image of some of the top speakers (over 50 speakers and 125 presentations) who will be presenting at…