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 [...]
Just about every trader I know has been asking for an update on where the S&P 500 is headed. I have been reading my favorite traders blogs, and will combine my forecast with their opinions, which hopefully will give you a pretty clear view of where the markets are headed. Marketclub’s S&P 500 Forecast First [...]
In his guest post earlier today, Adam showed you a video forecasting a reversal in the S&P 500 using Marketclub Trade Triangles. I wanted to follow up his video using more traditional indicators to show you not only how accurate the triangles are, but how much easier they are to utilize as a trend following [...]
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, [...]
As a technical analyst and trader, I am always looking for great educational resources for my readers. This workshop was developed by Gerald Appel, the inventor of the MACD indicator; so who better to demonstrate the use and effectiveness of this great tool. Best of all, the workshop, both audio and workbook, are completely free. [...]
