September 2022 – Page 2 – The Art Of Chart

Month: September 2022

Back On The Three Day Rule

[vc_row][vc_column][vc_column_text]I was saying on Wednesday morning that the most important short term resistance was the 5dma, and we saw a break back over the 5dma at the close on Wednesday, so that put SPX back on the Three Day Rule. That means that in the event of a clear visual break (3 to 5 handles)...

Still Testing 3900

[vc_row][vc_column][vc_column_text]The rally from the first backtest of 3900 was over too fast to set up any possible possible divergence on the daily RSIs. That means that there are no possible daily RSI buy signals brewing on the US equity indices, and that is a strike in favor of the bears. The inflection point here remains...

The Weekly Call – Trade Setups for the Week of September 4th

The Weekly Call provides perspective on high-quality setups and trading strategies focused in the Commodity world. My current performance shows a 714% 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....

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for September 4th

This is a weekly post covering Cryptocurrencies, specifically Bitcoin, Litecoin, and Ethereum. These instruments provide trading opportunities with out sized gains. I hope the analysis presented here helps you profit in these instruments. BTCUSD — No change in forecast, lower still expected on BTC. We could see as low as 16000 which would be more...

September Free Webinars

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Testing 3900

[vc_row][vc_column][vc_column_text]The H&S patterns from the rally highs that I was looking at a week ago all made their target areas yesterday and SPX is now testing important support at 3900. This area was significant on the way up in early 2021, and was then key support in May, resistance in June, and was broken as...