Looking at the bottom chart we have a set of overlapping nodes (a .5000 and a 1.000) on December 28th relative to the A-B-C patterns I have labeled. This is only occurring on the $NDX, nothing similar is happening on the $SPX. The $SPX has it's own story, covered below. The $NDX chart (the one in the middle), though, is more interesting anyway, as it looks like that index is attempting a breakout through the trendline that has contained it. Where it stands at the moment, it has not yet achieved… Continue
After some signs of weakness last week, the indexes are having their Christmas rally. This short term move is probably about exhausted as we hit the upward curving trendline again. But so far any confirmation of an end to the slow grind upward is not evident...
InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels… Continue
Added by Bryan Leighton on December 3, 2009 at 1:50pm —
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It appears that the market has setup for an upside breakout in stocks and commodities and a downside break in the dollar. Remember, when a market does not do what it should do when it should do it then it is about to do the opposite. The recent setup was for a downside break and a potential rally in the dollar and that appears to have failed. It would then be appropriate to take the other side of the trade.
InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels… Continue
Added by Bryan Leighton on November 29, 2009 at 1:01pm —
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Suppose you buy a put on a stock that is currently trading at $60 and you want to sell it when the stock is at $58. Is there any way to figure out where to set the stop limit for the option price?
Suppose you buy a put on a stock that is currently trading at $60 and you want to sell it when the stock is at $58. Is there any way to figure out where to set the stop limit for the option price?
BBG
Added by BullBearGirl on November 23, 2009 at 4:09pm —
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I received an investment newsletter in my email that I think would be of interest to the BB members, but I am unable to post it or its chart because the newsletter is copyrighted. I believe I can, however, summarize it for you:
There is a "very serious negative bearish divergence" between the Dow Industrials and the Value Line Index. The Value Line Index consists of over 2300 stocks. The VLI has not confirmed the new highs of the Dow. A chart beginning October 6 and ending… Continue