Category: Trading Patterns

So we had the double bottom in the SPX.  We also held the long-term support line from the top.  So on Friday when I see them take the market down, I count the candles up since the last pivot hammer.  …

When stocks, futures, or ETFs are hitting new highs, you have to expect that they will continue to do so.  This is true for all time spans. The same thinking must be used in reverse when equities are falling.  You …