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...]
Trading Psychology Edge New Website Update
Many traders have stopped by our new website. We've been getting lots of compliments on the new look and new functionality. We are very glad you like it, and we thank everyone for their kind comments. We are still experiencing minor bugs in the website. We know that there are still some links not working and signup forms missing. We are working to rectify these last few … [Read more...]
Welcome to the New Trading Psychology Edge Website!
Thanks for stopping by. We are in the process of replacing our old website with this new one. Not only does it have a better look, but we are dramatically improving its functionality. Also, we have a few new things on the site. Check out the Free Tools, Newsletter, the Next Event and my new book due to be published and on the bookshelves around Thanksgiving. We are excited … [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...]
