Tag: Technical Analysis
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Post-Election Crypto Surge Fizzles: Is the Bull Run Over or Just Taking a Breather?
With President Trump winning the 2024 election, the buzz around crypto was high, and expectations for price increases were even higher. The spike in crypto prices following the November 6th election looked like the breadth thrust that was going to propel the entire market to new all-time highs. And from November 6th to mid-December, that’s…
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Macroeconomic Analysis- The Current Inverse Relationship Between the US Dollar and the S&P 500
Macroeconomic Analysis – The Current Inverse Relationship Between the US Dollar and the S&P 500 Introduction As a follower of technical analysis, you must pay attention to the macroeconomic trends that are playing out in our world. For the world economy, there is no more powerful macroeconomic relation than the current inverse correlation between the…
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Potential Stage Two Breakouts (Stan Weinstein)
Potential Stage Two Breakouts (Stan Weinstein) INTRODUCTION: The stock market is the picture of chaos. Everyday, trillions of dollars are exchanged and millions of market participants fight to acquire the most money. How can you possibly determine what is going on? Which stocks are leading the pact? Which stocks are on the verge of a…
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Is the Technology Bear Market Over?
Link to YouTube video: https://www.youtube.com/watch?v=7VJqcJJIvyc Trend following is nothing more than interrupting what is. There is no guessing or predicting involved, you simply look at the market structure to determine if the asset is in an uptrend or a downtrend. Trend trading is an essential component of the technical analysis approach. Investopedia defines trend trading…
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Laggers are Leading in 2023
2022: THE YEAR OF PAIN 2022 was a tough year for many market participants. The benchmarks for the United States economy, S&P 500 ($SPY), NASDAQ 100 ($QQQ) and the Dow Jones Industrial Average ($DIA) all had losing years. These indices were down 16.58%, 30.05% and 6.19%, respectively. (2022 performance of $SPY, $QQQ and $DIA) This…
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Igniting A Bull Case for 2023 – Bullish RSI Divergence
Link to YouTube Video: https://www.youtube.com/watch?v=7mxiNbHGNlw Introduction: Forming a bottom in the market is a process, not a single event in time. Bottoms take time to form. You need a transfer of shares from weak hands to strong and investors need a chance to reinforce/re-evaluate their investment thesis. It takes more than a stock breaking out…
Follow the Money, Trade the Trend 