Happy Halloween! In our part of the world where the leaves are ablaze with fall colors, there are all kinds of signs of Halloween. Pumpkins on every door-step, witches and other scary figures dot the lawns in our neighborhood, and children going to school this morning in their Halloween costumes. It's always a fun time of the year marking the final transition from summer into … [Read more...]
A Wyckoff Analysis: US Stock Market Appears Vulnerable to a Pullback
In the last post made on the US Stock Market on Sunday night, I noted that the S&Ps was moving up strongly, but had run into a resistance area around the 1970 level. A pullback into the 1940 level was anticipated (we went to 1944.50), and then the market rebounded, making a new rally high today. Despite the new rally high, we are still negotiating that 1970 area. Today's … [Read more...]
Strong Move in the S&Ps Expected to Continue
The market as represented by the S&P futures put in a strong week last week, continuing the bullish reversal from the week before. We were quite oversold two weeks ago, and this led to a V-spike reversal, which is something we see only occasionally. After Tuesday, the market had a little difficulty pushing higher, though push higher it did, making firm closes on Thursday … [Read more...]
Last Chance for Chart Reading Mastery
Chart Reading Mastery starts this Tuesday, September 16. We haven't held this highly acclaimed course in two years. It is suitable for everyone from traders working to become profitable to pros. This will be the only time it is offer this year. There are still a couple of slots left, if you are interested. You can learn more at: Chart Reading Mastery … [Read more...]
Free Webinar – Chart Reading Mastery
After two+ years, we are once again teaching the highly acclaimed Chart Reading Mastery course in September. To see what we will be teaching and to see how some of the principles apply in the current markets, check out our free webinar. Register to the right for easy access to the webinar. The webinar runs about an hour. I show how several Wyckoff principles taught in the … [Read more...]