Category Archives: Technical Analysis

Two-Period RSI Versus a Two-Day Losing Streak

The RSI indicator has served as the foundation of several popular short-term trading strategies over the years mainly due to its popularity. In the article I compare the results of a basic system based on a two-period RSI to those … Continue reading

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One of my Best Indicators Says the Stock Market is Too Weak

This meta-indicator has a high success rate. As of the close of yesterday it gave another signal of a short-term correction. Share

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Technical Analysis of FB, TWTR, TSLA

Technical Analysis FB Price action is confined inside a channel with a small upward slope, as shown on the chart. The 14-day Harris’ RSI shows increasing strength and the volatility, as measured by the 14-day ATR expressed as a percentage … Continue reading

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Directionless Market at a Crucial Turning Point

The S&P 500 is in a tight consolidation for 68 days while low volatility stocks are negatively impacted by the search for alpha even at higher beta. These unusual market periods often mark a significant turning point. But let us … Continue reading

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The Market Wants its Cake and Eat it Too

This analysis that follows is from an excerpt of a premium service article. The S&P 500 is in a rare 13-week consolidation pattern formed inside a rising channel. This means that the market refuses to go down while looking for … Continue reading

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SP500: A Break Below 2062 May be Followed by a 2.4% Decline

A break below support in the S&P 500 at 2062 may be followed by a test of the 200-day moving average near 2030, or a 2.4% decline. Share

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