Hello traders, SPY dropped 35% since its all-time high in the last 5 weeks, At the moment traders are looking for direction and any estimate is just that .. an estimate. Our models set two lines for SPY to cross and trigger a meaningful alert. 245 to the upside, crossing this line to the upside should increase risk in the long portfolio, the second line for long...
Hello traders, As we are approaching the end of this volatile week of trading, I would like to conclude it with these insights : 1. The fed proved once again they contribute to the short term volatility instead of doing their job and keep stability in the markets, firing their entire arsenal at a problem that is has a small financial base (and a big psychological...
Hello traders, The market had its first trade halt since 2008, and volatility is extremely high (more than 4 times the average), Trading the market is challenging. Our models have set two checkpoints for the market to make a short term decision: 270 - is the short term support for the S&P500, breaking that support would generate another leg to the downside ...
Hello traders, The market is in complete chaos in the last two trading weeks, the volatility is high with daily swings that we haven't seen in years, the coronavirus is driving fear up the wall and the market is in no-decision point, these are challenging times to trade equities and so in order to guide our trade we put two lines in the sand to assist making the...
Hello traders, GLD was spotted on the AlphaOverBeta radar as forming ( Asymmetric) double top bearish formation, this usually means that the next move is to the downside, The formation is incomplete and will be completed once the price pattern goes below the 145.5$ level , watch out for this formation since its a high probability trigger, once formed, which may...
Hello traders, Yesterday (Feb 4, 2020) was a technically significant day for the S&P500 - a breakout day after some time in which the market showed signs of building a downtrend (which is a part of a natural market price action). You may see in the chart that since the definition of a downtrend is lower lows and lower highs we have been confirming that definition...
Hello Traders, Looking at FLIR sets up a very nice opportunity to the upside, the company has been building a base for quite some time, we anticipate that the next earning report is going to beat analyst expectations and the price is going to break the 55$ level, Any breakout above the 55$ level will break the overhead resistance and provide a LONG setup to be...
Hello traders, Looking at the markets in this and last week, Many traders ask themselves two basic questions this week: Is the market in correction mode? Is the market on a bearish cycle? According to our models the market is in correction mode, so answer your question #1 is: Yes We are definitely not in a bearish cycle, the market had a correction that is not...
Quite Strange H&S pattern, can be seen to have formed between the heads of the wicks from pumps. Strong linear regression uptrend.. Pearsons R value of 0.87. Short entry back into the regression trend.
Hello traders, BA just touched a very significant support level of 310$, the company has been in trouble ever since launching the 737 MAX , the crashes and the way the company handles the issues, the company grounded it's 737 MAX fleet and is losing millions daily because of the failing design of the aircraft. With all its problems , current and in the future,...
Hello traders, The market continues to fly high without looking back , this is supported by a number of important factors such as the positive messages from the white house and china regarding phase I agreement and the future of the trade war, strong economic numbers , and some technical factors as well. as we can see in the chart, the RSI has reached a peak above...
new markets new customers when the rich becomes richer and the rise of middle class require more banking needs Goldman shall dominate this space in the next decade. That liquidity from the FED and make America great again shall benefit strong hands Price action wise it's a Parabolic to fresh highs -- LOADED for the long run warren may just mark this up to $300...
Abnormal volume breakout with next resistance at .095
China Giga Factory is a strong statement. it is what it is..
Silver starting to break out of it's weekly consolidation and the stocks are following
Alpha Indicator has been a good confirmation of a trend change and continuation, combined with some basic TA, allows for a high probability entry with limited risk. Always set your stop to reduce risk
By request, the results for the Trend King Strategy back-test, 2019 only.
The weekly Paper Index has broken out of a bullish wedge formation while displaying a bullish divergence between price & the RSI indicator. Relative strength is beginning to develop against the SPX as well. This may be a good industry to scout for some alpha.