Summary: Positive economic data gave a kick in the right direction to equity markets, allowing the S&P 500 and Dow Jones Industrial average to close again at all-time highs. The day was owned by the bulls with just a few pullbacks, but still the gains were not felt by everyone, with more stocks declining than advancing. Notes The private indicator I use to...
Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wednesday, April 14, 2021 Facts: -0.99%, Volume lower, Closing range: 10%, Body: 75% Good: Higher high, pullback is on lower volume Bad: Selling almost entire day, couldn't hold above 14,000 Highs/Lows:...
Trend lines drawn from the 3/5 low (25d), 4/5 (5d) and today 4/9 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Tuesday, April 13, 2021 Facts: +1.05%, Volume lower, Closing range: 86%, Body: 89% (w/gap) Good: Higher high, higher low, large...
Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- We need to see if we can break off the downtrend line and climb towards the 3548.97 point. If it falls, we need to make sure it is supported at 3294.62. The next volatility period is...
Trend lines drawn from the 3/5 low (25d), 4/5 (5d) and today 4/9 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Monday, April 12, 2021 Facts: -0.36%, Volume higher, Closing range: 71%, Body: -5% Good: Higher low than previous day, high closing...
The Market Week in Review is my weekend homework where I look over what happened in the previous week and what might come in the next week. It helps me evaluate my observations, recognize new data points, and create a plan for possible scenarios in the future. I do occasionally have some errors or typos and will correct them in my blog or in the comments on...
Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- You should watch for any movement that deviates from the box section 3008.91-3294.62. If the CCI line rises by more than 100 points on the CCI-RC indicator, volatility may...
Trend lines drawn from the 3/5 low (25d), 4/5 (5d) and today 4/9 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Friday, April 9, 2021 Facts: +0.51%, Volume lower, Closing range: 97%, Body: +72% Good: Never revisited morning low, bullish buying...
Trend lines drawn from the 3/5 low (24d), 4/1 (5d) and today 4/8 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Thursday, April 8, 2021 Facts: +1.03%, Volume higher, Closing range: 99%, Body: +45% Good: Gains all-day with few pullbacks, high...
Trend lines drawn from the 3/5 low (23d), 3/31 (5d) and today 4/7 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wednesday, April 7, 2021 Facts: -0.07%, Volume lower, Closing range: 44%, Body: +17% Good: Stayed near 13,700 support, lower...
Trend lines drawn from the 3/5 low (22d), 3/30 (5d) and today 4/6 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Tuesday, April 6, 2021 Facts: -0.05%, Volume lower, Closing range: 24%, Body: +16% Good: Higher high, higher low, held support...
Trend lines drawn from the 3/5 low (21d), 3/29 (5d) and today 4/5 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Monday, April 5, 2021 Facts: +1.67%, Volume lower, Closing range: 94% (w/Gap), Body: +80% Good: Three positive days in a row,...
Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- You should watch for any movement that deviates from the box section 3008.91-3294.62. If it goes down, we need to make sure we get support at...
You ever feel like you're in the matrix? Just a chart with some lines.
The Market Week in Review is my weekend homework where I look over what happened in the previous week and what might come in the next week. It helps me evaluate my observations, recognize new data points, and create a plan for possible scenarios in the future. I do occasionally have some errors or typos and will correct them in my blog or in the comments on...
Trend lines drawn from the 3/5 low (20d), 3/26 (5d) and today 4/1 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Thursday, April 1, 2021 Facts: +1.76%, Volume lower, Closing range: 96% (w/ Gap), Body: +79% Good: Rally above and stayed above...
Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- You should watch for any movement that deviates from the box section 3008.91-3294.62. In particular, we have to see if we can get off the downtrend line. If you go down from...
Trend lines drawn from the 3/5 low (19d), 3/25 (5d) and today 3/31 (1d). Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wednesday, March 31, 2021 Facts: +1.54%, Volume higher, Closing range: 62%, Body: +60% Good: Higher high, lower low, back above...