Monthly Archives: July 2011

Off for a while

I will take a two week break to attend a meeting of a group of economists, investors and fund managers held in an island somewhere in Europe and I all also visit friends in England and Italy. I will have no time to answer emails during that … Continue reading

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p-indicator calculations point to a significant move in QQQ

As of the close of Thursday, July 28, 2011, p-indicator results indicate high probability for a  significant move in QQQ. Specifically, the numbers show a large positive bias with moderate significance for all target/stop pairs used. Share

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QQQ Gap Filled. What’s next?

In my last post I talked about the QQQ gap at the open of Tuesday, July 18, 2011, and that it was very possible that it will be filled, triggering at the same time a broader market correction. The market demonstrated a … Continue reading

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Is the Gap in QQQ From a Week Ago Significant?

There is a gap in the daily QQQ chart left behind five days ago, at the open of Tuesday, July 18, 2011. The open price was $58.09 and never moved lower. As a result the low of the day was … Continue reading

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What is Price Action Lab?

I receive several emails each day with questions about Price Action Lab, the program I use to identify price patterns and perform indicator calculations for my blog. The short answer is that Price Action Lab is a program that discovers automatically … Continue reading

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