Another wild day on Wall Street. We had a harami  candle  put in today on the Dow. This does bodes well for tomorrow and prices would tend to extend in the same direction based upon this bearish candle formation. We closed just above the 0% retracement level and can not seem to get any traction [...]

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Well I guess I will be a parrot again…. Another wild day on Wall Street. We had a large hammer candle type ccandle put in today on the Dow. This does bodes well for tomorrow and prices would tend to extend in the same direction based upon this bearish candle formation. We closed just above [...]

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Well I guess I will be a parrot again…. Another wild day on Wall Street. We had a hammer type  candle type ccandle put in today on the Dow. This does bode well for tomorrow and prices would tend to reverse direction based upon this bullish candle formation. We closed just below the 0% retracement level again and [...]

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Well I guess I will be a parrot again…. Another wild day on Wall Street. We had a bearish engulfing candle  type ccandle put in today on the Dow. This does bodes well for tomorrow and prices would tend to extend in the same direction based upon this bearish candle formation. We closed just above  the 0% [...]

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It was turnaround Tuesday today.  The major indices raced higher gaining back more than 50% of yesterday’s losses.  Mikhail Paulson and Vladimir Bernanke went to Congress the week before last and said if Wall Street wasn’t bailed out immediately, we would face a financial Armageddon.  The first weekend came and went, but there was no [...]

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Well I guess I will be a parrot again…. Another wild day on Wall Street. We had a bearish engulfing candle put in today on the Dow. This does bodes well for tomorrow and prices would tend to extend in the same direction based upon this bearish candle formation. We closed just below the 0% retracement [...]

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Well I guess I will be a parrot again…. Another wild day on Wall Street. We had a bullish engulfing candle put in today on the Dow. This does  bodes well for tomorrow and prices would tend to extend in the same direction based upon this bearish candle formation. We closed just below the 23.6% [...]

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Dow: Spinning Top. The S&P,NASDAQ and Dow were flat after a strong down day yesterday.  The markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation. The StoRSI, our momentum oscillator, momentum oscillator, closed near its mid range / upper trigger level. This high reading signals an end [...]

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Well I guess I will be a parrot again….  Another wild day on Wall Street.  We had a bearish engulfing candle put in today on the Dow. This does not bode well for tomorrow and prices would tend to extend in the same direction based upon this bearish candle formation.  We closed just below the [...]

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ES (E-Mini): harami. The S&P,NASDAQ and Dow closed much higher!  After a strong down day on yesterday, the markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation. The Long Swing Trade today at 1140 was not hit till late early afternoon and like a rocket it took [...]

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