More long term perspective on the Dow using short term data.
Last Friday we analyzed an hourly chart of the Dow and remarked that it looked like a bottom forming. Previously we had seen a possible Kilroy (or H&S) bottom. Identifying…
Technical Analysis of Stock Trends
Last Friday we analyzed an hourly chart of the Dow and remarked that it looked like a bottom forming. Previously we had seen a possible Kilroy (or H&S) bottom. Identifying…
Actually, maybe it's a gold lining. While the Dow was deteriorating gold was contributing to account equity -- as was silver. Both could probably stand add-ons to the position. You…
Readers who have read Sacred Chickens, the Holy Grail and Dow Theory will remember that the system discussed there used weekly bars. Weekly bars have the characteristic of stepping back…
Wonder of wonders. An upwave in the Dow? Here the 90 minute bars in the Dow. As is obvious either a reversal or a consolidation is taking place. As readers…
If there is a bete noir presently haunting the markets, here it is, colored petroleum black. The undersea monster that ate the gulf. Karma will out, and today it did. …