Part of Art of Chart Reading
There are many trend identification methods other than swing trend. The number of trend definitions exploded in the late 1990s as that was the time ...
Two opposing views on chart reading dominate the trading world and the public in general. Many people think that price charts are just fancy presentations of historical price data that ...
Part of Art of Chart Reading
The concept of trend has be a very controversial topic for years ever since the first generation technical traders from early 1900s introduced the idea. ...
Following is the weekly chart of Bitcoin. 75 / 75 is a classic chart pattern where an immature market crashed hard but holding the absolute 25% price ...
Part of Art of Chart Reading
Traders often focus on how accurate certain chart patterns are and how much money you can make from using the patterns. The more experienced ones ...
Sometimes it is better to look at the big picture from afar to gain better perspective. Here is the weekly chart of Dow Jones Industrial Average. FOMC ...
Following is the Emini S&P continuous contract with RTH only data. I have marked the days with matching color to the moving averages where ES has tagged. ...
Downside target is 13500-13800 area.
As I predicted, Nikkei is gunning for another limit down today. =P
Central bankers are itching at this point to intervene again for sure.