Monthly Archives: May 2011

The State of ETFs – May 31, 2011 – The Week Ahead

Posted on May 30, 2011 by

As of the close of May 27, 2011, there are 6 changes in the ETF trend state table with respect to the close of the previous week. Stock index ETFs, SPY and QQQ, recovered from the loss of Monday of last week but are … Continue reading →

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Trading Probabilities and Common Sense

Posted on May 27, 2011 by

A man appears from nowhere and tell you that he knows your total worth is X amount of money. He proposes to you a game of tossing a fair coin (independently confirmed to be fair) just twice and he will pay … Continue reading →

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S&P 500 Index – Are We Close to a Trend Reversal?

Posted on May 25, 2011 by

From a high reading of 1370 on 05/02/2011, the S&P 500 Index closed at 1316 yesterday, which amounts to a 3.94% drop in less than a month and that was enough to make some people wonder if this is the beginning of a … Continue reading →

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Two Short-Term Bullish Patterns in QQQ

Posted on May 24, 2011 by

As of the close of 05/23/2011, a Price Action Lab scan indicated two bullish short-term formations in QQQ. The first is a 3-bar pattern with a lower low followed by a down gap and the second a 2-bar gap down … Continue reading →

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The State of ETFs – May 23, 2011 – The Week Ahead

Posted on May 22, 2011 by

As of the close of May 20, 2011, there are only 4 minor changes in the short-term trend of commodity related ETFs in relation to the close of the previous week.  Stock index ETFs moved in a tight range after closing the gaps … Continue reading →

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System Development Services for Position Traders

Posted on May 18, 2011 by

Our experts will use Price Action Lab to develop a system for you quickly and efficiently. You pay only after you receive the system backtesting reports, in sample and out of sample, and you decide to purchase the code. For … Continue reading →

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The State of ETFs – May 16, 2011 – The Week Ahead

Posted on May 15, 2011 by

As of the close of May 13, 2011, there are 6 changes in the ETF trend state table in relation to the close of the previous week. However, 4 out of the 6 changes in trend state relate to the medium-term and may denote important changes … Continue reading →

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