Let’s jump right in. For me, everything starts at the TOP. I take a top-down approach to trading. And when I say “the TOP”, I mean market direction. Step 1: Is it a Bull or Bear Market? Listen, this is a very easy step to me. Look at a LONG-TERM chart of the S&P 500. Are prices moving UP from left to right? Or are they moving DOWN from left to right? It’s that simple. Stop trying to figure out why it’s going up or down. Don’t interject your own personal biases into it. Just look at the chart and answer the question: I have stripped out nearly all technical indicators. There’s no volume. There are no momentum indicators like the PPO, MACD, RSI, or Stochastic. There are no moving averages. This is nothing more than a 10-year weekly price chart of the S&P 500, NASDAQ 100, and the broader…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Jeff Huge, CMT of JWH Investment Partners. David reflects on…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Jeff Huge, CMT of JWH Investment Partners. David reflects on…
It was a truncated day for the markets; over the past four trading sessions, the Indian equities continued to…
Concerns Remain My concerns about current market developments, which I voiced in last week’s article, are still valid. The…
While wealthier consumers benefit from higher stock and real estate valuations, lower-wage Americans are crushed by high prices, and…
Dow Theory is based on the foundational work of Charles Dow, considered the “Father of Technical Analysis.” Many of the…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Jeff Huge, CMT of JWH Investment Partners. David reflects on…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Mike Singleton of Invictus Research. David highlights a bearish momentum…