Author Archives: shjackcharts

About shjackcharts

I Chart Therefore I Am
Testing SPX Middle Band Resistance

Testing SPX Middle Band Resistance

Testing SPX Middle Band Resistance

I have a question for my beloved readers today and I’m hoping one of you has a good answer. I’ve teamed up with an options expert friend to run a directional options portfolio based main on futures options for the last three months, and we’ve been recording the (very impressive so far) trades and results […]

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Into The Likely Rally High Zone

Into The Likely Rally High Zone

Into The Likely Rally High Zone

A couple of announcements today. Firstly tonight’s webinar at theartofchart.net has been delayed a week due to an unavoidable conflict, and will now be held on the same night as our Big Five & Sectors webinar on Thursday next week. You can register for either or both on our February Free Webinars page. The second announcement is that […]

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Trendline Evolution At Work

Trendline Evolution At Work

Trendline Evolution At Work

There has been a remarkable similarity on the patterns from last Friday’s low on all of ES, NQ and TF, with rising wedges forming, then breaking down. I was expecting consolidation to establish less steep support trendlines and in a remarkable convergence all three of those initial rising wedges evolved into perfect rising channel with […]

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Just Another Rally ……… Probably

Just Another Rally ……… Probably

Just Another Rally ……… Probably

Nice rally from Friday’s low. Not expecting that to be the retracement low but there are fixed hourly RSI 14 buy signals that are not close to target and my lean would be that there is at least some more upside coming. Intraday Video from theartofchart.net – Update on ES, NQ and TF: On the daily charts […]

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Well That Delivered Faster Than Expected

Well That Delivered Faster Than Expected

Well That Delivered Faster Than Expected

Stan and I are doing our free monthly Chart Chat on Sunday at theartofchart.net. We’ll be covering the usual wide range of instruments and you can register for that on our February Free Webinars page. No futures charts or video this afternoon as I tripped over this morning while trying to find somewhere in an unfamiliar city using […]

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