If you’ve never heard of a “cup and handle pattern” you’re not alone – it’s one of the most often missed technical setups out there. But this unique continuation pattern can lead to gains that shouldn’t be missed… That’s why it’s essential to know how to spot one.
As with any ...read more
Was Last Friday the Start of a Sustained Downtrend?
Apr 20th, 2010 | By David Grandey | Category: Featured, Technical Analysis
Friday’s colossal sell-off action brought a couple of very important questions to Wall Street’s collective mouths: Was that it? Was that the top?
We’ve seen stocks rally hard in 2010, and it’s no surprise that investors are anxious about the prospects of another tumble for the market. While most shareholders try ...read more
Two Market Scenarios That Could Deliver Gains in April
Apr 6th, 2010 | By David Grandey | Category: Technical Analysis
Investors remain flummoxed this week… after all, just how much higher can the markets move before they putter out for good? From a market technician’s point of view, there are two market scenarios that could be forming right now – and each offers its own chance to profit this month.
I’ve ...read more
Three Trending Chart Patterns to Profit From
Mar 24th, 2010 | By David Grandey | Category: Featured, Technical Analysis
Eventually all trends change. If you are short at a market low you need to know when to cover and get out. Likewise if you are long at a market high, here too you need to know when to get out. That’s where “change in trend” chart patterns come into ...read more
This Swing Trading Plan Could Create Buying Opportunities for Investors
Mar 16th, 2010 | By David Grandey | Category: Featured, Technical Analysis
Traders are anxious right now – and understandably so – with broad market indexes like the S&P 500 overbought right now, are we headed for a bear run in the next month? My sources point to no. In fact, a swing trading plan could present investors with a serious buying ...read more
Watch Out for S&P 500 Resistance at 1150
Mar 10th, 2010 | By David Grandey | Category: Featured, Technical Analysis
Don’t be fooled by the market’s apparent recovery in the last week. With technical indicators pointing to a market top at 1150 for the S&P 500, the short sellers could be benefiting in a big way later this week. Here’s everything you need to know to make a smart downside ...read more
Why March 2010 Could Bring a Top for the S&P 500
Mar 2nd, 2010 | By David Grandey | Category: Featured, Technical Analysis
Last week, I wrote to you about why I see the market headed significantly lower in the short term. Now, with additional market data available, it looks like March 2010 could bring a top for the S&P 500 – and for the stock market as a whole. Here’s everything you ...read more
Technicals Warn of a Double Dip Recession in 2010
Feb 25th, 2010 | By David Grandey | Category: Technical Analysis
Investors beware: Stocks are headed lower very soon. Low enough that we could be on the verge of a double dip recession this year. And while that’s a fairly gutsy prediction to make, it’s one that making itself clear from a technical perspective right now. Want to avoid getting burned ...read more
Don’t Let the “Kiss of Death Retracement” Kill Your Profits
Feb 17th, 2010 | By David Grandey | Category: Featured, Technical Analysis
Beware the kiss of death… After all, the “Kiss of Death Retracement” is a chart pattern that’s threatening to crush the stocks in your portfolio. But as usual, when you know how to spot a predictable pattern, you don’t need to fear the fallout – we can make a profitable ...read more
The Market’s Following a Script: Here’s How to Profit from It
Feb 9th, 2010 | By David Grandey | Category: Featured, Technical Analysis
Is the market following a script? If you ask Elliott it is.
The Elliott Wave Theory is a method of explaining market movement using a series of waves that are based on naturally occurring patterns. The system is named after Ralph Nelson Elliott, an accountant who developed the model in the ...read more


