As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a very valuable phenomena for the study and practice of trading. When tracking the intraday time frame; Wyckoff structures of Accumulation, Markup, Distribution and Markdown repeat over and over. This creates a…
After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending…
On Thursday afternoon, I dove into the StockChartsTechnicalRank (SCTR) Reports to scout out a good ETF during a mixed…
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a…
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH).…
After a week of wavering action, the stock market made a directional move—a lot lower—after Friday’s jobs data. Investors…
This week, the market appeared to shift dramatically from “stalling out at all-time highs” to more of a “big…
In this StockCharts TV video, Mary Ellen reviews the current downtrend taking place in the S&P 500 and Nasdaq, and…