Every Thursday, we perform an analysis of three tickers that are looking interesting into the last two days of trading for the week. It is important to always remember using multiple time frames is the best approach to seeing the entire picture. In these videos, we see that airlines may have more room to move up based on the current chart setups both on the daily and weekly candles.
The Stock market lived it up to its historical stereotype of being more volatile in the month of October than other months in the year. The signs were there early on that this month may get ugly due to a mix of variables in the financial markets such as interest rates breaking through key levels above, trade war fears, and midterm elections closing in. This blog post outlines the full technical story of October’s moves as we followed the charts week by week through our weekend blog. Continue reading A Spooky October 2018: Full Month Recap of SPY
A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action. This weekend, we once again focus on the broad markets as the month of October has been nothing short of bloody. As the daily candles continue to show noise, the weekly candle charts are starting to show oversold levels that have seen reversals in the past. See how the charts turned out from last weekend by clicking here.
A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action. This weekend, we are focusing on the continued bloodbath in the broad markets and if there is any relief on the horizon. We will take a look at last weekend’s charts and compare after this week’s price action.
In this week’s Strategy Guide blog post, we revisit the brand new “Alert Sensitivity” feature that was introduced last week. Users now have the ability to trade price channels without having to stare at the screen and worry about missing the top or bottom by a few cents. This feature allows the ability to increase or decrease the area in which traders want to be alerted about price action. Make sure to check out the video and graphics to get a full understanding of how this works.