Recently, we've talked about trading the market with a rangebound stance. This means we are looking to determine the main support/resistance levels the indices are trading within to define the current range, then watch for trading opportunities based on those key levels. With that said, which price... READ MORE
I am a great believer in the principle of false breaks being followed by above-average moves in the opposite direction to the break. It happens because those who bought on it are caught on the wrong side of the market and are forced to re-position themselves, just as correctly positioned... READ MORE
On this week's edition of Trading Simplified, Dave interrupts his previously scheduled topic of trading resolutions to talk about whether we're witnessing a bomb blowing up in the stock market. He also has a new Mystery Chart that's a BUY. This video was originally... READ MORE
The market is looking to hold its current price area, along with Monday's low as a new key support level. Additionally, with many banks coming out of earnings season, the Regional Banking ETF (KRE) is perking up; now it needs a close over its 50-day moving average at... READ MORE
In this edition of StockCharts TV's Sector Spotlight, after a rocky week and a volatile Monday, I evaluate the rotations for asset classes and sectors on Relative Rotation Graphs. Both groups are showing some important shifts that suggest a further move to defense is in order. As it... READ MORE
On this episode of DecisionPoint, Carl gives us his perspective on what today's late-day whipsaw means for the market in the short- and intermediate-term. There were two new sector neutral signals and two more are ready to lose intermediate-term buy signals as well. Erin gives us her analysis... READ MORE
The stock market has been under pressure from upcoming interest rate hikes, inflation and a worrying overseas situation in Ukraine. However, Monday's gap lower was followed by a late-day rally in all four major indices. With that said, has this created a key support level to hold, and... READ MORE
Yes, I believe we're in a cyclical bear market. I began discussing bearish signals back in November and those only intensified as we neared year end. You don't need to see a twister in your dining room to realize a storm is approaching. In my last... READ MORE
This is an article I wrote a few years ago and I think is worth repeating. I'm always trying to come up with new ideas for articles and don't mind if I cross the line a little bit even if it offends a few – I just... READ MORE
In a week where the trading range remained much wider on the expected lines, the Indian equity markets remained predominantly under pressure. For four out of five days, the NIFTY remained under sustained corrective pressure, as it ended each of the past four days in a "measured" corrective... READ MORE
In today's subscriber-only Diamond Mine trading room, I was asked why Carl and I think we are on the first leg of a bear market. I'm sure we're not alone in our bearish stance, but I have a few charts to provide our evidence... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews what's driving these markets lower and what to be on the lookout for as we move forward. She also shares ETFs that can help hedge against further downside. This video was originally recorded on January... READ MORE
As the stock market corrects and potentially forms a new trend, traders who don't have strict plans might be wondering what to do next. So far, many symbols, along with the market, are not dipping like many expected and people are either realizing large losses or sticking to... READ MORE
NASDAQ CONTINUES TO LEAD MARKET DECLINE...Stocks are suffering through another bad week, with the Nasdaq market continuing to lead the decline. The Nasdaq Composite Index has also suffered the most technical damage. It fell below its 200-day moving average last week. Chart 1 shows the COMPQ falling below its... READ MORE
In this week's edition of Moxie Indicator Minutes, TG talks about the weakness of the market. What is working? What isn't working? He then walks you through areas that might go long, as well as where he thinks the market could be headed next. This video... READ MORE
Normally, the stock market is humming along and we have indicators all supporting the sustainability of that move higher. But things aren't normal right now. It started with the rotation into defensive sectors to lead the S&P 500 higher on that last final leg in December.... READ MORE
The Nasdaq 100 ETF (QQQ) reversed its uptrend signal from April 17th, 2020 as two trend-following indicators turned bearish this week. The chart below shows QQQ with the deepest decline from a high since the 10.9% decline in February-March 2021. Prior to that, the deepest decline was in September... READ MORE
On this week's edition of Chartwise Women, Erin and Mary Ellen talk about being proactive in your investing while the markets are still volatile. They also expound on how taking no action can sometimes be the best strategy. This video was originally broadcast on January 20, 2022. Click... READ MORE
In this week's edition of the GoNoGo Charts show, Alex and Tyler look at several critical inflection points in the markets. They note key levels of support breaking in tech stocks, growth/value ratios and a continued selloff in US Government Treasuries driving rates on the 10-year above... READ MORE
In this week's edition of Stock Talk with Joe Rabil, Joe discusses Accumulation and Distribution as a part of the 4 phases of the market using the classic Wyckoff approach to the markets. In addition, he explains how the ADX/DI can be used in conjunction with these... READ MORE
While looking at the Financial sector, I noticed that the group Asset Managers is currently at a very weak rotation against the S&P, as well as its sector index XLF. After returning into the leading quadrant from weakening, which is usually a strong sign, $DJUSAG rapidly hooked back... READ MORE
So far these last couple of weeks, we have written and talked about trading ranges, January calendar ranges, inflation, stagflation and precious metals. We have also talked and written about the Transportation sector as the prime example of not only trading ranges, but also why we believe the market will... READ MORE
On the back of a lot of earnings announcements, the financial sector is getting a lot of attention this week. A few stocks, led by SIVB, FRC and GS, got hurt pretty bad yesterday with >5% declines. The RRG above shows the (top 50) stocks inside the financial sector.... READ MORE
As we now enter the second half of January in a new year, the persistent trading range continues. Particularly in the small caps or Russell 2000 (IWM), the trading range has been from 204-233 since February 2021. As we begin this week, IWM is tackling the December 2021 low and,... READ MORE
Recently, I have been drawn to two specific-but-unrelated areas of market activity. Both are experiencing an extremely fine balance between buyers and sellers and, as a result, are likely to experience a big move in one direction or the other. These are the copper price and small cap stocks. Let&... READ MORE
In this edition of StockCharts TV's Sector Spotlight, after going over the current rotations for asset classes and sectors, I use the Equal Weight sectors to update and gauge the current position of the market in relation to the economic cycle. Since December, things seem to have shifted... READ MORE
The DB Agriculture ETF (DBA) was featured in ChartWatchers on October 1st as it formed a large cup-with-handle pattern, which is a bullish continuation pattern. The ETF battled its resistance zone the rest of the month and broke out to new highs in November. Flash forward to January and we... READ MORE
As our name would imply at EarningsBeats.com, we focus a lot on quarterly earnings reports. We've studied them every which way possible. As a former practicing CPA, it's in my blood. Yes, I'm a technician that understands the importance of technical analysis. But... READ MORE
Join Johni Scan and me on our quest to develop a library of Wyckoff Scans during 2022. Context is a term often used with chart analysis employing the Wyckoff Method. Understanding the chart attributes during the various phases of Accumulation, Distribution and Trend Analysis is a cornerstone of the Methodology.... READ MORE
Renewable energy ($DWCREE) and software ($DJUSSW) have been absolutely smoked since November. In the case of software, the selling has accelerated in January with its PPO falling off a cliff: This group had declined more than 17% off its recent high - before the rally from Monday's low.... READ MORE
In strong but modestly-ranged sessions over the past five days, the Indian equity markets extended their up move for the fourth week in a row while posting gains. All five sessions were strong; the markets traded with a positive bias and used each of the consolidation times to just strengthen... READ MORE
Inflation has hit a 40 year high due to strong customer demand amid ongoing labor and supply shortages. While economists are mixed regarding how close we may be to a peak in inflation readings, it's generally agreed that the main drivers of this currently high cost of living... READ MORE
Technology outperformed throughout the second decade of this century, but the times they are a-changin', as it is obvious that this sector has lost enough mojo in the last year to indicate that a basic transformation in market leadership is underway. Just to be clear, I am not saying... READ MORE
On this episode of StockCharts TV'sThe MEM Edge, Mary Ellen reviews the broader markets, as well as the underlying sectors, to reveal where the markets stand. She also shared select ETFs that are benefiting from a focused group of stocks that are on the move higher. This video... READ MORE
All we've been hearing about lately are Fed rate increases and inflation. This has, in turn, cast a cloud over the market as many traders head to the sidelines. But, from my perspective, the recent pullback in the market has created some unbelievable opportunities in beaten-down stocks. Case... READ MORE
The Hindenburg Omen is a bit of a controversial indicator. I often get asked about it from financial media outlets, as the name itself is enough to stir up investor fear. What is this indicator, and what can it tell us about current market conditions? The Hindenburg Omen was developed... READ MORE
Relative Rotation Graphs are mostly used to show exactly that -- the RELATIVE Rotation of securities against a benchmark and against each other. However, they offer many more possibilities. One of the options is to change the benchmark to $ONE. That is essentially a straight line at value 1. This... READ MORE
To get a quick overview of the markets direction, let's look at Mish's Economic Modern Family (MF). Also, if you haven't picked up Mish's 2022 Yearly Outlook, here is a full report that not only shows an in-depth view of the market,... READ MORE
NEGATIVE DIVERGENCES ON SPX... A number of negative divergences have shown up on the major stock indexes which have weakened the market's technical condition. Those divergences are showing up mainly in daily momentum oscillators. Chart 1 shows the S&P 500 rallying to a new record at... READ MORE
In this week's edition of Moxie Indicator Minutes, TG talks about the strength in the small caps and the weakness in the tech sector. Then, he covers the most recent market behavior and walks viewers through the choppy last few days. This video was originally broadcast on January... READ MORE