Adam Hewison released another timely update video this morning entitled “Is the S&P 500 Getting Ready to Skyrocket… or Collapse” which makes a similar conclusion to what I’m finding in my charting regarding the recent tight trading range forming underneath the key 50% “Bear Market” Fibonacci level. (Clicking the chart opens the video) The video…
I wanted to highlight a new column I’ve been thrilled to be selected to write as a contributing expert to the GreenFaucet.com Financial Website – it’s called the “Technician’s Edge” and I wanted to make that announcement and draw your attention to some additional brief analysis posts I’ll be writing a few times each week….
The folks at Club EWI (Elliott Wave International) have released another one of their free e-book reports to Club members, and this report is entitled “How to Use Bar Patterns to Spot Trade Set-ups.” This report written by EWI Analyst Jeffrey Kennedy is a 15-page guide with 30 chart examples showing the basic set-ups using…
Included are this week’s “Editor’s Picks” from the NewsFlashr Business Blog aggregator site. 1. From Mish’s Global Economic Analysis, a graph on the S&P 500 and Sentiment entitled “Bears in Hibernation.” “Bearish sentiment is the lowest in two years and I am also told at lows seen only 3 times in the last 25 years.”…
Adam Hewison just released a quick update video on the S&P 500 this morning entitled “Trend Change Analysis on the S&P 500,” in which he labels two specific price zones to watch going forward. (Image links to video page) Adam notes the recent three swing lows as being key for price to hold and maintain…
From now until November 30th, Elliott Wave International is offering part 1 (a 42 page PDF document) of their “How You Can Identify Turning Points Using Fibonacci” e-book. Chapters in the eBook include the following: Ch 1: The Golden Ratio and the Golden Spiral Ch 2: Fibonacci Ratios and Multiples Ch 3: Amplitude Relationships Ch…
Over the weekend, I read an article at Phil’s Stock World written by Trader Mark entitled, “What the Heck is Going on with Mondays Lately? Always Up!” I initially had skepticism after reading about the recent tendency for Monday’s to be big up days, but after today’s action, I’m giving it a second look.
In a special update from Las Vegas, let’s look at this week’s “Editor’s Picks” from the NewsFlashr Business Blog site: 1. An excellent bookmark and reference page from Darwin’s Finance: A List of Every ETF Known to Man 2. John Forman of the Essentials of Trading addresses a reader question on “Market Makers and the…
If you’re a big fan of Podcasts and enjoy financial commentary, you’ll likely enjoy the Disciplined Investor weekly podcast series, hosted by Andrew Horowitz. Andrew is a colleague and good friend of mine and he has been a strong supporter of me and my blog, and I wanted to return part of that favor by…
Adam Hewison is back with two more quick update videos on two critical markets – the Dow Jones Index and Gold. In respect to the Dow Jones and S&P 500, Adam published a video entitled “Two Forces are About to Collide,” in which he discusses the important 50% Fibonacci retracement level and a long-term trendline,…