A Look at Gold Prices Year to Date in 2009
As we approach the middle of December, let’s take a look at how gold prices have performed year-to-date and what specific level to watch here for clues as to the short-term future of gold.
A Pure Price Look at the Recent SPY Trading Range
Sometimes it can be helpful to pull our perspective back and focus exclusively on price without any indicators to get a better read on the current trading conditions of the market – that is particularly helpful right now as we remain mired in a month-long trading range.
Corey’s Interview with Kirk Report Strategy Session Posted
This morning, I had the honor and pleasure of joining Charles Kirk and members of the Kirk Report financial website for an interview and strategy session. I wanted to provide the link to the full transcript of the interview which is now available to read at your leisure.
Intraday Rounded Reversal Example in NTAP Dec 11
A reader brought to my attention the intraday stock price of Network Appliances (NTAP) and I wanted to show its near-perfect example of a Rounded Reversal intraday structure transition. Let’s see it on the 15-min frame.
Technician’s Edge: Key Trendline Breaks in US Dollar Index
Today’s article for the Technician’s Edge column at GreenFaucet.com is on the recent early Trendline Breaks on the US Dollar Index.
I highlight the positive reversal breaks in the 50 day EMA, along with a short-term and long-term break which could have short-term… or even major implications going forward.
Eerie Similarities in Recent SPY Trading Range
We’ve all been discussing and trading within the recent “Trading Range” between $111.50 and $109.00 on the SPY (1,110 and 1,085 on the S&P 500 index) but I wanted to take a closer look to show some of the repetitive patterns within the range itself.
Hewison Asks Is SP500 Poised to Skyrocket or Collapse
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…
Dec 9 Intraday Divergence and Fibonacci Confluence Opportunities
I wanted to highlight another ‘intraday confluence’ Fibonacci post to show the confluence resistance that came together at the morning $110.00 high in the SPY as a good educational example of “quick” Fibonacci trade concepts. Let’s see it:
Technician’s Edge: XLF Key Support
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….
Corey to Present on Conceptual and Convergent Trading Tactics Dec 15 in Dallas
I wanted to announce my upcoming featured presentation entitled “Conceptual and Convergent Trading Tactics” which will take place next week on Tuesday, December 15th at 7:00pm CST in Dallas, TX at the monthly meeting of the Association for Technical Analysis (AFTA) monthly meeting.