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Trade Lesson: Understanding Bottoming And Topping Tails
Tuesday, August 30, 2011 - 2:48pm | 327Most traders do not put all the pieces of the puzzle together when learning and using technical analysis. Let's talk about topping and bottoming tails. Simply put, a bottoming tail is a bullish signal and a topping tail is bearish. A bottoming tail MUST occur at the lows of a chart. This means that...
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Trading Around The Unemployment Report
Friday, June 4, 2010 - 2:03pm | 678The market is down big on the jobs report this morning. Not only did we miss on the jobs report numbers, most of the new jobs that were created were temporary census workers anyways. To read this entire report with charts click here The really interesting thing and dare I say disappointing thing...
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S&P 500 Large Cap Index ( SPX ) and S&P 500 SPDRs ( SPY ) _ The Last Gasp ?
Monday, March 1, 2010 - 5:19am | 291The S&P 500 Large Cap Index ( $SPX ) and the ETF S&P 500 SPDRs ( SPY ) continued their quest to arrive at the TOP. The $SPX Index gained 1.55 points to close at 1104.49 and the ETF SPY gained 0.07 points to close at 110.74 The technical indicators, as well as other analytical methods all...