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. 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
A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week ahead. This weekend, we are focusing on the cryptocurrency sector as it has been slammed over the last two weeks. We are paying attention to the weekly candle here for the potential confirmation of a short-term bottom. As always, any of these setups can continue to breakdown rather than reverse so it is important to use TrendSpider’s dynamic alerts to stay ahead of the action.
Continue reading Sunday Update for Week of 8/20 – Cryptocurrency Technical Analysis
We were lucky enough to catch this progression of HTGM over just a couple days! Watch this 3 chart series of HTGM breaking out of a symmetrical wedge and then moving to the next level of resistance identified by the TrendSpider platform. The beauty of this is that not one trendline was drawn manually! Continue reading TrendSpider Technical Analysis Progression: HTGM
A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week. One way to do that is checking out one of the most powerful features on TrendSpider, Multi-Time Frame Bollinger Band Analysis. This week we are focusing on the airline industry as there have been some big post ER moves to watch!