Posted on May 19, 2009 by Adam
The market traded sideways all day, bound between the 905-915 range. A ten point range! Snooze.
Stocks failed to make a directional move, and were mixed across the board. The VIX, on the other hand, paints a different picture. Breaking down below 30 today, volatility levels are the lowest they have been since before the panic [...]
Posted on February 27, 2009 by Adam
Happy Friday everyone!
It’s been a tough two weeks for me. This is an unforgiving market for swing trading, but I’m optimistic about where we go from here.
I’ve got some pretty good looking setups that you could try getting into here. Enjoy!
Bullish:
TRA: A nice, longstanding, upward trend. This stock has held up really well so far [...]
Posted on February 23, 2009 by Adam
I’ve been watching the following pattern develop for a long time now - almost a year. I’m talking about the massive double top that’s been forming in the S&P. This is a pattern that’s been forming since 1997! If we close below support, we will have confirmed this horrible pattern.
Based on the price pattern measuring [...]
Be on the lookout for an extended pullback.