A very key pattern that I've been watching here for direction is the likely falling megaphone on RUT.This has been a slow developer and has now been forming for an impressive seven weeks. Assuming that this is indeed a falling megaphone then the next target within the megaphone is megaphone resistance, now in the 1511...
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20th Nov 2017 The Weekly Call provides perspective on high quality setups and trading strategies. Our performance is currently showing over a 200% 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. This...
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20th Nov 2017 The Janus flag setup I was looking at on Wednesday delivered yesterday and I'll talk a little more about these today as they are relatively common and worth remembering. In this case on SPX what appears to be a high quality H&S has formed and broken down towards a target in the 2635 area. In...
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17th Nov 2017 The daily RSI 14 sell signal that I was looking at yesterday fixed at the close, and there are now fixed daily RSI 5 and RSI 14 sell signals on both SPX and ES, though the SPX RSI 5 sell signal may well reach target at the close today. SPX daily chart: At the open...
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15th Nov 2017 There are a lot of open sell signals on the SPX & ES charts here. On SPX there is still a strong RSI 5 / NYMO sell signal that could reach target today on a weak close. If we see that weak close the possible RSI 14 sell signal brewing here would likely fix. SPX...
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14th Nov 2017 The Weekly Call provides perspective on high quality setups and trading strategies. 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. This week I am managing trades in Soy, Live Cattle and Natural Gas...
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12th Nov 2017 We did the monthly free public Chart Chat at theartofchart.net yesterday, and if you missed that the recording is posted on the November Free Webinars page here. We were asked a question about a correlation there, and I remarked that I don't think most correlations are worth much. If you think USD is going down and therefore gold should...
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06th Nov 2017 The Weekly Call provides perspective on high quality setups and trading strategies for the coming week. 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. This week I am managing trades in Soy, Wheat,...
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06th Nov 2017 Are the equity indices topping out here or not. I think yes, though likely just for a retracement before higher highs. SPX is retesting good trendline resistance, is on a strong daily RSI 5 / NYMO sell signal, and a daily RSI 14 sell signal is now brewing as well. Another retest of the all...
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31st Oct 2017 We provide free webinars to support traders in developing skills in technical analysis, risk management and trading psychology. This month we feature four free webinars that will improve your skills as a trader. Take 20% Off Any Annual Subscription During Our Black Friday Sale Use Coupon Code BlackFriday CLICK HERE for our Subscription Page ...
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30th Oct 2017 