Back-filling The Gaps, Better Now Than Later

There's an old saying in trading/investing about how most gaps are back-filled at some point in time. The statistics on what percentage of gaps are filled range depending on the source but the author of this article from 2013 claims to have conducted a backtest spanning 24 years showing that [...]

2017-03-28T09:05:16+00:00Mar 28, 2017 9:01am|Categories: Equity Market Analysis|Tags: , , , , , , , , , |7 Comments

Fibonacci Clusters & Retracement Levels on the US Stock Indices

The charts below help to illustrate that, at least as this point, the recent rallies in the major US stock indices have so far been nothing more than typical oversold, counter-trend bounces off support with every major US stock index still well within the typical Fibonacci retracement levels. All major [...]

2017-03-24T12:23:53+00:00Mar 24, 2017 12:21pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , |6 Comments

US Stock Market Sitting on the Edge of a Cliff

As a follow-up to the October 17th US Equity Market "Flashpoint" & Target Levels post, in which the critical support levels on the major US stock indices were highlighted, all of those major diversified stock indices broke down & closed below those key support levels today except the lead sled [...]

2017-03-08T21:19:25+00:00Nov 1, 2016 8:19pm|Categories: Equity Market Analysis|Tags: , , , , , , |Comments Off on US Stock Market Sitting on the Edge of a Cliff

US Equity Market “Flashpoints” & Target Levels

Here's a quick snapshot of some of the major US stock indices covered in last night's video. The key support levels that were referred to as potential "flashpoints", key support levels which are likely to spark an impulsive wave of selling if taken out, are highlighted in red. The white [...]

2017-03-08T21:19:26+00:00Oct 17, 2016 8:55am|Categories: Equity Market Analysis|Tags: , , , , , , |Comments Off on US Equity Market “Flashpoints” & Target Levels

US Stock Market Trend & Price Analysis (video)

The first part of this video reviews the historical performance of one of my favorite intermediate-term trend indicators & how it is best applied when aligned with the primary trend as well as major inflection points in the market. These intermediate-term trend indicators have recently flipped from bullish to bearish [...]

2017-03-08T21:19:26+00:00Oct 16, 2016 8:49pm|Categories: Equity Market Analysis|Tags: , , , , , , , , |3 Comments