Let’s start with some volume flow on a weekly SPY chart. Volume flow has and still is bullish. It is though at extreme levels and normally at this stage market consolidates. We are close to [...]
Let’s dig right into the market and charts. First off DAX. The trend is obviously up but volatility is perhaps a bit high for “safe bull” market (~100 points / daily). The index [...]
So finally a weekly close in red, right? 🙂 I welcome volatility.. First of all, let’s take a look at some price pattern action around market tops the last 3 years (weekly chart). Usually [...]
… and that is not too good for them bulls.. Bounce to new highs as expected but… Markets managed to close another week in green and at new highs. We also have 5 weeks green close in a [...]
Ok, so a pullback as expected but this seems to be only a healthy profit taking event and nothing more. The pullback is not volatile and I’ve got some good signs on 60min SPY chart although [...]
First of all, sorry for not posting the promised charts the other day. However, I now have some time to post a few charts. First the false positives on 15min SPY “buy trend”. Odd to [...]
Happy New Year dear readers! I hope you will have a healthy and a wealthy 2013!I have accepted new a new project that I’m very exited about but it will take up a considerable amount of my [...]
Quite ugly candlestick on SPY yesterday. Add negative money flow over the past days and it is not getting better. The first pullback was bought aggressively but it didn’t last that long [...]
