How We Got to Where We Are

Before the stock market begins an upward move certain forces come into play that contribute to its potential price movement. One such force is called accumulation. This occurs at the end of a market decline and is a phase that depicts a fight between supply and...

Using Trend Lines – Part One

Trend lines are defined by lines. A line is just a connection between two points. An upward sloping trend line is bullish, a downward sloping trend line is bearish and a horizontal trend line is neutral. Initially we connect two extremes or two high points (point A...
Correction Coming?

Correction Coming?

The S & P 500 has been in an uptrend channel since 2009 and when it approaches the upper end of that channel it invariably goes into a correction. From September 2012 through January 2013 the markets were preparing for another move within the trend channel. I use...

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