A prepared trader is a generally 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. In this weekend’s analysis, we take a look at the broad markets continued strong move up this week and compare the recent lower indicator action with the early 2016 moves which aren’t exactly the same but are showing many similarities.
Continue reading Sunday Update Week of January 14th – January 2016 Deja Vu?
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 SPY and social media stocks with new features just introduced on Wednesday; lower indicators and new background colors! For a full introduction and explanation of lower indicators and chart thems, please check out the two following links:
Continue reading Sunday Update for Week of 9/17 – Introducing Lower Indicators
A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week ahead. In this weekend’s issue, we are taking a look back at last week’s blog post as well as a few other main ETF’s that track the market. As the market has been so volatile, anything can happen but technical analysis can give traders a general idea of where prices may be heading. To see what we were watching for last week, take a look at last weekend’s blog post here.
Continue reading Sunday Update for 9/10 – Broad Market Update
We here at TrendSpider have been watching $SPY closely. What we see here on the daily chart looks like a bullish continuation pattern. In this post, we will discuss why we think that is the case, and where we could be wrong. Continue reading Happy Cinco de Mayo: $SPY Indices Forming a Continuation Pattern