SPX went up through both of the annual pivot and 50dma resistance levels and has come close to a test of declining resistance from the all time highs, now in the 2690 area. I was talking earlier this month about the vital importance of monthly closing resistance at the monthly middle band, now at 2664. […]
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In the video below before the open this morning I looked first at the clear bear flag rally patterns developed on ES, NQ, RTY, DAX and ESTX50, then SPX, NDX and RUT. That’s a lot of bear flags and while these don’t always break down, they usually do and the odds favor that again here. […]
read more »Below is the Chart Chat video for September 6th. This session was an hour in length and we covered Indexes,? Currencies, Energies, Precious Metals, Bonds and a Q&A session. Jack and I have started our subscription services. Please check out our new subscriptions here -? https://theartofchart.net/2015/09/06/subscription-services-now-avaliable/ We are now offering Chart Chat as a subscription […]
read more »Below is the Chart Chat video for August 30th. This session was an hour in length and we covered Indexes including International,? Currencies, Energies, Precious Metals and a Q&A session. Jack and I will be starting subscriptions next week in September. Included will be a chart service which will include a basic package of instruments […]
read more »Below is the Chart Chat video Jack and I just recorded? for August 9th. This session was an hour in length and we covered Indexes including International,? Bonds, Currencies, Energies, Precious Metals and during the Q&A session we covered AAPL, URA, International Indexes and a few Technical Analysis questions.? I cut out the Q&A session […]
read more »Three videos this evening – the regular Monday update, a special update on international indexes and a special update on Gold as our first target has been hit. Monday Update SPX – Near a turn, expecting marginal higher prices or the high from Friday could be it. RSI divergence is a MUST WATCH – it […]
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