Part 1 of 2. This is a follow-up to a chart I published 23 days ago. AAPL remains weak. It is sort of like a traffic light going from green, to amber, and then red. A traffic light repeats its cycle, right? AAPL is repeating its cycle, like a traffic light, only at lower and lower levels. I will explain the weak technicals in Part 2, a four hour chart for...
Earlier today I presented several charts for Intersil Corporation, a leader in the design and manufacture of high-performance semiconductors. ISIL products are used in some of the industry's fastest growing markets, such as flat panel displays, cell phones, other handheld systems, and notebooks. At the time I cautioned you about an Index that your stock choice...
In Part One I said I would show you an hour chart. I changed my mind and decided to use a 30 minute chart because the items I wish to show you are more visible. Using the disciplines of TRADE-MAP, and having the knowledge of a Fibonacci time cycle coming April 18th, I place emphasis on the distribution of shares in SPY (top vortex indicator, top phase energy...
THIS IS A FOLLOW-UP TO AN ARTICLE I PUBLISHED 7 DAYS AGO. I commented that I thought the S&P was the "Last Man Standing". Several of the pivot studies that I do are warning me of an S&P reversal. I saw this one week ago, and published my findings and observations. I have learned never to ignore the Fibonacci time cycles (long vertical blue bars). I do detect...
This is a 15 minute chart where price actions are more visible. "Don's Top Ten Technicals": 1. The Ichimoku Cloud is FALLING relative to structure to the left. 2. Prices are trading BELOW the cloud. 3. Prices are trading WAY BELOW the thick red Ichimoku Cloud Conversion line. 4. The thick red conversion line is moving SHARPLY LOWER. 5. The thick black line is the...
In part 3 I listed the implementation of the TRADE-MAP approach using "Don's Top Ten Technicals". These technicals are still valid for the above chart, but, I said the alligator action will be more visible on the one hour chart. On the lower right of the chart, right around $13.10, please view the "jaws, lips, and teeth of the now FEEDING alligator, and the...
I present the next items as implementation of the TRADE-MAP approach. Here are "Don's Top Ten Technicals": 1. The Ichimoku Cloud is FALLING relative to structure to the left. 2. Prices are trading BELOW the cloud. 3. Prices are trading BELOW the thick red Ichimoku Cloud Conversion line. 4. The thick red conversion line is moving LOWER. 5. The thick black line is...
Here are the letters and what "TRADE-MAP" means to me (first the letters in TRADE): 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces. Now the letters in MAP: 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance. There you have it: Don's personal...
If the U.S. economy is going to grow, I feel one indicator of future growth is the SOX (PHLX Semi-Conductor Index ). Once I look at an index , then I like to study the individual issues that may (or may not be) semi-conductor stocks that are in the SOX. INTC-1.07% ( Intel-1.07% ) is in the index , and it looks weak. QCOM-1.47% is in the index , and it looks very...
Don's "TRADE-MAP" approach. Australian Dollar / Swiss Franc. TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces. .....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance. Above are two nice trades using a TRADE-MAP approach. The...
Part 5 of 5. The above chart is for 15 minute time intervals. As indicated on the hour chart in Part 4, Altria Group will probably consolidate for a short while. This is healthy. In the past five charts we have explained a disciplined approach to the anatomy of a trade. TRY AND REMEMBER, Don't trade on emotion, trade on analysis. DON'S RULE: "The markets are...
Part 4 of 5. After looking at a daily and 4 hour time cycle, does the one hour chart demonstrate any near term weakness. The evidence says "a consolidation". Here are the letters and what "TRADE-MAP" means to me (first the letters in TRADE): 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in...
Part 3 of 5. The above chart is a 4 hour time period. The goal of this chart is to confirm, on a shorter term time basis, that the breakout uptrend in Altria Group is valid. Indeed it is. Once again, the elements of Don's "TRADE-MAP" approach are: 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E :...
Here are the letters and what "TRADE-MAP" means to me (first the letters in TRADE): 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces. Now the letters in MAP: 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance. There you have it: Don's personal...
If you go on a trip to a far-away place, wouldn't you want to use a highway map? Then why would you trade financials without a "TRADE-MAP"? I would like to introduce you to Don's "TRADE-MAP". It is a set of tools that I use to formulate opportunities. Your tools can surely be different, but stick to some core indicators that work for you over time. Here are the...
Yes, I am positive about GDX. But don't forget the big picture. Above is the chart of GDX, which has risen a lot since 2016 began. Again, the pattern I have highlighted is called a "Bearish Continuation Wedge". This indicates that if support is violated at about $19.80, the price could fall as much as 50%. If this stock (GDX) stays in an uptrend, the prices will...
Yes, I am positive about gold. But don't forget the big picture. Above is the chart of GORO, which has more than doubled since the beginning of 2016. The pattern I have highlighted is called a "Bearish Continuation Wedge". This indicates that if support is violated at about $2.22, the price could fall as much as 40% to about $1.40. If this gold stock stays in an...
As I said in part One, So may times I see market participants make projections based on price structure alone. This, for sure, is a sound approach. The price projection is based on the chart in relation to the Y axis (vertical, up and down). Regardless of your technique, if you are serious about your trading, and you want an edge, try using Fibonacci time cycles...