Is Wheat the hottest market in the world? This indicator will ensure you never miss another major move again, and this headline proves it Severe Russian drought forces grain export ban – Moscow, Russia (CNN) — As Russia reels from the worst drought in nearly 40 years … The wheat market is the hottest market [...]
This is the 9th screen in the series: Japanese Candlestick Trading: Stock Screens for 15 Candlestick Patterns Signal: Bullish Continuation Inbound Trend: Bullish Reliability: 7.1 / 10 Candlestick Pattern definition The rising three methods pattern is a bullish continuation pattern that appears in bearish markets. The pattern consists of 5 candlesticks which must meet the [...]
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 [...]
Commentary If you’ve been reading my market updates, then it should be no suprise that I’m bearish on this market.That said, I believe tomorrows market action represents a critical cross roads for the market. With the VIX (volatility) reaching levels not seen in 20 years, market and economic sentiment in the tank, and this “bailout” [...]
Overview: The question I recieve more often than just about any other is: How do I know when to sell? Naturally, a detailed answer to this question depends on your trade management strategy, risk tolerance, and market conditions just to name a few. However, as technical analysts, we always use indicators to help us time and [...]
