Today I look at some overbought conditions both on the RSI and MACD, and explain the significance in these embedded environments as we hit some extremely strong necktie resistances between two huge trendlines. While the 38.2% are very close, and people expect us to hit it, I believe the first push lower of either a [...]
Stock Market Predictions Part 1 of 2. Part two will be a reply to this on Tuesday in chart analysis www.trade-technicals.blogspot.com I am not predicting which direction the stock market is going, but rather what society should have happen if either the stock market makes another push higher in comparison to testing the March lows [...]
Economic Collapse is in full gear now as the stock market is showing signs of falling and the previous level of support of 8400 on the Dow Jones (DJIA) is now being used as Resistance from Wednesday’s action. Everything from the stock market seems very bearish and this would indicate a bigger decline coming very [...]
Today we had the first important break of the key 11700 area I’ve been sharing with you for some time now. So here are your key levels for Monday, and important thoughts on your subsequent strategy ! This video series is geared towards Investors, Swing Traders, and ultimately Day Traders who want to be armed [...]
VIDEO CONTAINS INFORMATION on the Real Unemployment Rate CNBC has shown today, what to expect from the stock market and some mayan calendar consciousness to support my theories. Charts are available on the BLOG trade-technicals.blogspot.com
October 2008, The biggest crash of Dow history in number of points
First of all I want to go ahead and admit that I was wrong when I said that the market would go up early in the morning and then reverse in late trading to fall about 1-1.5%. That was my intuition but it obviously didn’t happen. The market continued to stay at very strong resistance [...]
VIDEO on the Unemployment Rate We have seen the unemployment rate draw to close 9% as more jobs were lost in this economy A small look at the stock market. More on this on my blog and past videos I am pleased to announce an ebook with more information coming Saturday the 9th of May [...]
Is this bottom of the stock market crash? How much further can the dow jones, nasdaq, s and p go down? Is this the beginning of the end/bottom or just the beginning of something MUCH worst? There are those who’ve been telling you that it’s been the bottom…ever step down this seemingly endless black hole. [...]
When looking for an online trading broker, be sure to compare how much the cost per trade is and the charge per lot. Find an online trading company, but always read the restrictions before signing up with them, with tips from afutures and options floor trader in this free video on investing. Expert: Mark Griffith [...]
