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. ...
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 ...
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 ...
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. ...
Part of Art of Chart Reading
There are chart readers who use many patterns. They use so many patterns you have to wonder if it is feasible to recognize them all. ...
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 ...
Crude Oil Outlook
Daily chart on crude.
I marked the first quarter STOPD Levels.
If there is a 3rd push back up, it will be back up to 107-107.5 where the 1st quarter low is.
It is not a long term bullish play.
Instead, this 3rd push up is a short term counter-trend swing play.
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