S&P 500: Short-term Correction Is Near

The S&P 500 index rose to all-time highs but performance remains weak. It is possible that this was the outcome of a positive drift in random price action and a short-term reversion to the  mean is near.

Continue reading

Posted in Technical Analysis | Tagged | Comments Off

P-indicator Scan Feb 25, 2015

Directional probabilities generated from the price action of popular ETFs and Dow stocks.

Continue reading

Posted in Quantitative trading | Tagged , | Comments Off

The Price Action Lab Report – Thursday, February 26, 2015 [Premium]

The Price Action Lab Report is delivered daily before the market open. It includes quantitative analysis and high probability setups in popular ETFs. Click here for details.

High Probability ETF Setups

Major U.S. indexes were mixed on Wednesday as the market tries to work off overbought conditions…

This is premium content. Please login or subscribe to continue reading...

Posted in Premium Content | Tagged | Comments Off

Is this the Year of Consolidation in the Stock Market?

There were no major consolidations at lower prices in the last three years but instead we had several V-bottoms. This year started with a full month of consolidation and we may get more of those.

Continue reading

Posted in Market Statistics | Tagged , | Comments Off

The Price Action Lab Report – Wednesday, February 25, 2015 [Premium]

The Price Action Lab Report is delivered daily before the market open. It includes quantitative analysis and high probability setups in popular ETFs. Click here for details.

High Probability ETF Setups

Major U.S. indexes rose to new highs on Tuesday on expectation that rates will stay low at least for the next two Fed meetings…

This is premium content. Please login or subscribe to continue reading...

Posted in Premium Content | Tagged | Comments Off

The Tech Sector is Overbought But…

The tech sector is overbought and a pullback should be expected but its magnitude and duration may not satisfy the bears.

Continue reading

Posted in ETF Analysis | Comments Off

The Price Action Lab Report – Tuesday, February 24, 2015 [Premium]

The Price Action Lab Report is delivered daily before the market open. It includes quantitative analysis and high probability setups in popular ETFs. Click here for details.

High Probability ETF Setups

Major U.S. indexes were mixed on Monday in anticipation of Fed chair’s testimony …

This is premium content. Please login or subscribe to continue reading...

Posted in Premium Content | Tagged | Comments Off