One of the most telling patterns in Gold over the past 6+ months has been the “washout low” price rotation pattern after establishing a momentum price base. It seems as though every time Gold completes one of the moderate-low price rotations, as we call it a “washout low rotation”, it sets up for a new momentum rally to a new...
One of the most telling patterns in Gold over the past 6+ months has been the “washout low” price rotation pattern after establishing a momentum price base. It seems as though every time Gold completes one of the moderate-low price rotations, as we call it a “washout low rotation”, it sets up for a new momentum rally to a new...
It wasn't pretty, but it was enough. Stocks managed to hold their ground long enough through the first four days of last week to remain "in the hunt" for a renewal of the breakout effort. Then on Friday, the effort buckled. The indices all pulled below pivotal lines in the sand, ending the week on the wrong side of them....
It wasn't pretty, but it was enough. Stocks managed to hold their ground long enough through the first four days of last week to remain "in the hunt" for a renewal of the breakout effort. Then on Friday, the effort buckled. The indices all pulled below pivotal lines in the sand, ending the week on the wrong side of them....
In the first part of this research article, we briefly discussed the recent price and global economic events related to the 2018 to 2020 US stock market volatility and the COVID-19 virus event. The premise of this research post was to highlight the current upside parabolic price trend that initiated shortly after the 2015~16 US election cycle event. It is...
Being a technical trader means we attempt to identify opportunities in and market, symbol, or sector based on technical indicators, price patterns, advanced price theory/modeling, and much more. We don’t particularly care if the opportunity is a bullish breakout rally or a bearish breakdown selloff, we simply want to find the “setups” that create this opportunity because that is our...
The economic pressures and concerns within the global markets have not abated just because the US Fed has ramped up the printing presses. Inversely, the stock market price levels may be elevated based on a false expectation of a quick recovery and of future expectations that may be very unrealistic. In terms of technical analysis, Gold has set up a...
The economic pressures and concerns within the global markets have not abated just because the US Fed has ramped up the printing presses. Inversely, the stock market price levels may be elevated based on a false expectation of a quick recovery and of future expectations that may be very unrealistic. In terms of technical analysis, Gold has set up a...
The bears had every reason and opportunity to deal something of a death blow last week, having ended the week before on low (bearish) note. But, Monday's bullish jolt bled through to Tuesday, and that was enough. Stocks didn't make any more progress the rest of the week, but the S&P 500 still ended the week with a 1.8%… and...
The bears had every reason and opportunity to deal something of a death blow last week, having ended the week before on low (bearish) note. But, Monday's bullish jolt bled through to Tuesday, and that was enough. Stocks didn't make any more progress the rest of the week, but the S&P 500 still ended the week with a 1.8%… and...
