March 24, 2010

Combo Deals Are Better -- Ranjan Jha, CMT

Trading decisions can be simplified if both psychological and mechanical aspects of price action are understood. A combination of candlesticks and Western oscillators does that job well....(more)

March 23, 2010

Adventures At Wally World -- Donald W. Pendergast, Jr.

Continuing with last week's test theme of applying the reversed MACD trading system to a variety of high- and low-volatility stocks, this week we look at a three-year backtest of the system on a more ...(more)

March 22, 2010

The Vertical Rally Halts -- Chaitali Mohile

The bullish rally of Office Depot has reached an important support area. Will the stock resume the existing upward action?...(more)

March 19, 2010

Will The DJIA Reach 11,000? -- Koos van der Merwe

CNBC is calling for votes on whether the Dow Jones Industrial Average will reach 11,000. What do you think?...(more)

R2K Ripe For A 21-Day EMA Retest -- Donald W. Pendergast, Jr.

Based on current internal strength readings and other technical criteria, the Russell 2000 index appears to be at or very near the start of a corrective move lower....(more)

Reading The Bar, Identifying The Countertrend -- Alan R. Northam

The main trend of a market determines its long-term trend. However, long-term trends are regularly interrupted by countertrends otherwise known as market corrections. By reading the bar of the next sm...(more)

March 18, 2010

Reading The Bar, Identifying The Trend -- Alan R. Northam

It is easy to get trapped in relying upon technical indicators to identify the direction of the trend when all necesssary information is embedded within the trading bar. By properly reading the bar it...(more)

March 17, 2010

More GBP/USD Currency Reversals Underway -- Donald W. Pendergast, Jr.

After enduring a nearly four-month decline, the GBP/USD forex pair might just have enough of a fire beneath it to bring it back up toward the 1.56 area again....(more)

March 16, 2010

Euro At Make Or Break Point -- Donald W. Pendergast, Jr.

The euro's three-month-long decline has been put on hold for the time being, but is the recent runup from the lows confirmation of a trend reversal, or will strong resistance force a retest of the Mar...(more)

WYNN Waits For Breakout -- Chaitali Mohile

The breakout of an inverted head & shoulders pattern of Wynn Resorts turned sideways under the moving average resistance, and the stock is waiting for another breakout....(more)

March 15, 2010

Tuning A Trading System -- Donald W. Pendergast, Jr.

Comparing the performance of a trading system's equity curve in relation to the trend of the particular market that generated the trading signals may help traders maximize their system's profitability...(more)

A Shooting Star For Bank Of America -- Ron Walker

The primary momentum indicator should always be price. To measure true momentum in price, many technical traders turn to candlesticks to help predict market direction for both long- and short-term per...(more)

Time For The Bear Market To Resume -- Alan R. Northam

The NASDAQ as well as the overall stock market has been in a secular bear Market since 2000. However, from early 2009 to the present the NASDAQ has been moving upward in a bear market correction. It...(more)

March 12, 2010

Gamestop Reversal At Hand? -- Donald W. Pendergast, Jr.

One of the weaker stocks in the S&P 500, Gamestop, staged a noticeable reversal today. But will this move have follow-through ability?...(more)

Going For Uranium -- Koos van der Merwe

President Barack Obama may soon be called the nuclear industry's golden boy, since no US President in the last three decades has put more taxpayer dollars behind atom power....(more)

March 11, 2010

R2K Intraday Rally, Stall, Fall -- Donald W. Pendergast, Jr.

By watching the reaction of prices in areas of trendline/Fibonacci support and resistance levels, traders can gain extra confidence as they anticipate strong reversal and continuation moves....(more)

The Small Cap Index Likely To Outperform -- Chaitali Mohile

After breaching the resistance, the S&P 600 Small Cap Index entered a healthy uptrend....(more)

March 10, 2010

Comerica, Oh Comerica -- Koos van der Merwe

The banks in the world led us into the present economic mess by forgetting that their institutions should be built on solid concrete foundations. They started changing that concrete to quicksand. Is t...(more)

Secular Bear Market Remains Intact -- Alan R. Northam

The rally off the February 2010 low has now pushed so far that traders and even market analysts are now starting to consider that a new bull market is underway. According to the Elliott wave theory, h...(more)

...More Articles