February 2019 – The Art Of Chart

Month: February 2019

Topping Out …….. Probably

SPX and NDX reached the resistance areas that I was looking at and may be topping out there, the rising wedge support trendlines on SPX, NDX and RUT have all now broken down. So what now? Well on SPX I have been watching three levels which are all currently in the same area. These are...

March Free Webinars

We provide free webinars and education to support traders in developing skills in technical analysis, risk management, and trading psychology. Sunday, March 3rd, 2018 4:00 PM - 5:00 PM EDT Free Chart Chat - Live Technical Review of Trading Opportunities Chart Chat is a live review of setups and patterns in over 30 trading...

Commodity Advisory Newsletter February 24th

Several commodity markets are poised for well-defined up-trends this year. I plan to write about these markets on a bi-weekly basis as the views presented here are more thematic and longer term in nature. Updates to the trading strategies published here will be provided on an ongoing basis. A quick update on my existing trading...

The Weekly Call – Trade Setups for the Week of February 24th

The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance shows a 359% return since October 2016. The purpose of this blog is to demonstrate how to swing trade futures using our methodology to select high-quality setups and manage the trade with our risk management approach. Still long Corn, Natural Gas,...

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for February 24th

Crypto-currencies are now mainstream trading instruments. I am providing charts in this blog on a weekly basis. I plan to cover just three cryptos: Bitcoin, Litecoin, and Ethereum. The point of this weekly post is to show the crowd psychology behind the price movement to support high-quality trades. BTCUSD — Last week we had good...

SPX Rising Channel Support Broken

I was looking this morning at the decent looking possible rising wedge resistance trendline established on SPX at the highs this week and watching with great interest as rising channel and now possibly wedge support was tested again this morning. The trendline held on the first test and then broke on the second, so there...

Fine Charts and Great Coffee

If you read my post on Friday talking about the rising channel on SPX that could deliver an all time high retest within weeks, then you know what I see as the key support level on SPX and that is of course that rising channel support trendline, now in the 2750 area and rising at about 42...

The Weekly Call – Trade Setups for the Week of February 17th

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for February 17th

It Sounds Wild But …………….

At the end of December I posted the SPX monthly chart for subscribers at theartofchart.net talking about the significance of the monthly middle band in bear market moves. I posted the chart on a post here on 24th January when it had become clear that such a close back above was possible, and we saw...