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...
More on Market Tops

More on Market Tops

In the last post I indicated that the markets could find support around the 14,500 level and the markets found support at 14,550. What we experienced was a sign of weakness (SOW) which was accompanied by significantly increased spread and volume to the downside and a...
Limiting Risk

Limiting Risk

Let’s look back to September 21st of 2012. Apple had just hit a new high at 705 and the S & P 500 was trading at 1460. Today Apple is trading at 438 a decline of 38% from it’s high while the S & P 500 is currently trading at 1638 an increase of 12%...

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