Whole Foods Markets Inc is looking like a very strong buy here. We see a rising three methods Japanese Candlestick Pattern, combined with a bullish flag. The three “inside” candles came on diminishing volume, with day 1 and day 5 coming on strong volume. Checking our momentum and trend strength indicators, we see bullish crosses [...]
Wow, what a day! As you might imagine everyone wants to get a better understanding of where we’ve been, and where the markets are heading in the near future. In case you don’t want to get into the details, I honestly believe today’s move is finally the return of the bears, and the retest of [...]
Today I was doing some technical analysis on Google. Google is at a major technical inflection point, and which ever direction traders decide to take it will have a serious impact on the stock. Google is trading at it’s previous resistance zone set in May, 2008, at the 600 price level. From a technical stand [...]
Yesterday I received an update from Adam at Marketclub. It read something like this: Gold, Is this the move we have been waiting for? I believe the action in gold yesterday (Wednesday) should be looked at seriously as it pushes the gold market to its best level in almost 3 months. In my new video, [...]
