Posts Tagged ‘ trendlines ’

The Bigger the Pattern, the Bigger the Break

Apr 20th, 2009 | By | Category: Featured, Technical Analysis
The market tacked on another positive week -- its 6th consecutive -- and like the week before, it ended Friday with a modest gain on rising volume. So here we are again:  We have a market that is short-term extended with lots of stocks very extended (more on that point in ...read more


How to Trade Pullback Patterns

Apr 6th, 2009 | By | Category: Featured, Technical Analysis
In last week's article, we said we'd find out a lot more about the recent rally attempt by how we pull back. Well, we’re still waiting. Sure, we pulled back on Monday -- but not enough to relieve an overbought condition. Don't get us wrong, we'd love to be buyers on the ...read more


How to Trade Trendline Breaks

Mar 2nd, 2009 | By | Category: Featured, Technical Analysis
As the market is breaking into new lows, it’s time to talk about trendline breaks (in this case to the downside) and what happens/what to look for after a trendline break. All uptrends break to the downside and all downtrends eventually break to the upside. They are Change In Trend patterns ...read more