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Technical Analysis of the DJIA & all 30 Stocks

Technical analysis on DIA (Dow Jones Industrials ETF) and all 30 stocks within the DJIA to provide both trade ideas as well as key levels & developments to watch for. This video is longer than usual, with so many stocks covered on various time frames. Playback speed can be increased in the settings to reduce video duration.

2018-07-18T14:35:55+00:00Jul 18, 2018 2:35pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

Active Trades Update (video)

This video provides updates on all 8 active trade ideas on Right Side Of The Chart at this time along with a brief discussion of US Treasury bonds & the yield curve. The following official trades are covered in this order: BJK, CASH, GE, GRUB, IEF (and TLT), ITA, IWM & KHC. playback speed can be increased in the settings to reduce video duration

2018-07-12T15:17:33+00:00Jul 12, 2018 3:17pm|Categories: Equity Market Analysis|Tags: , , , , , , , , |0 Comments

GE Trade Update

The GE (General Electric Inc) active long Swing Trade + growth & Income Trade is looking good, popping today after putting in a second divergent low yesterday. GE is still an active trade, just barely avoided clipping the suggested stop last week after hitting & reversing off the 2nd price target. GE daily June 26th For those that booked partial or full profits when T1 or T2 was hit & plan to recycle back into the trade, the same price targets as before are still valid as levels likely to produce another reaction if/when hit. T3 remains the final [...]

GE Second Price Target Hit for a 14% Gain

The GE (General Electric Co.) active long swing trade + growth & income trade has hit T2, 15.22, for a gain of 14.2% in less than 6 weeks from entry. Consider booking partial or full profits and/or raising stops if holding out for T3. Original & updated daily charts below.

GE Trade Update

The GE active Swing Trade + Growth & Income Trade idea is closing in on the second price target. GE also fell just shy of T2 on April 20th, pulling back to the T1 (support) with the stock forming what appears to be the right shoulder of a potential Inverse Head & Shoulders bottoming pattern with the neckline of that pattern roughly inline with T2. The stock might have a reaction (minor pullback and/or brief period of consolidation) here soon around the neckline and 15.31 resistance level which T2 is strategically set just below. However, an impulsive breakout above [...]

Swing Trade Ideas & Setups (video)

This video begins with an update on the Nasdaq 100 index & the potential stop-raid scenario highlighted earlier today followed by coverage of several trade ideas that stand out in the following order (starting at the 7:49 mark): Crude oil, lumber futures & the timber/forestry sector, Bitcoin via futures & GBTC, the US Dollar via futures & the EUR/USD pair along with a quick discussion of gold & GDX. Starting at the 25:24 mark, all active trade ideas on RSOTC followed by two unoffficial trades are covered in this order: Long Trades: XLP (stoppped out on Friday but still looks good), [...]

GE First Price Target Hit for 13% Profit, T2 Close

The GE (General Electric Inc) Swing Trade + Growth & Income Trade hit the first target yesterday for a 13.4% gain & has gapped up close to T2 today, increasing the odds that T2 will be hit soon unless the broad market moves sharply lower in the coming days, which looks increasing likely based on the recent trendline breaks on the major stock indexes. Previous & updated daily charts: I'm considering revising the final target for the swing trade to T2 & possible leaving the final target for the Growth & Income Trade as T3 but will post another [...]