February 2016 – Page 2 – Technical Analysis of Stock Trends

All that glitters…may be…

Post author:WHC Bassetti
Post published:February 6, 2016
Post category:Letters
Post comments:0 Comments

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 What might have been a b wave now looks likely to be a bottom formation (at best). (Note volume formation.) And a bottom formation subject to the whims of contrarians…

400 points in the Dow…(m/l)

Post author:WHC Bassetti
Post published:February 1, 2016
Post category:Letters
Post comments:0 Comments

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Friday's near 400 point rise in the Dow strikes us as a striking confirmation of the b wave we spoke of a short time ago (http://www.edwards-magee.com/ggu/alphabetazetawaves.pdf). Now, although we could…

Noted technical analyst WHC Bassetti has over 40 years’ experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Tenth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.

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All that glitters…may be…

400 points in the Dow…(m/l)