How has the TICK Indicator changed over the last 10-years?  And is a reading of 1,000 as significant today as it was 5 or 10 years ago? These are questions you need to know if you’re using the TICK in any capacity… Read More

There seems to be a clean pattern repeating itself today that developed exactly one year ago which I’m finding interesting. Let’s take a look at the pattern then, compare it to now, and over the next few weeks, see if the current future pathway of the pattern… Read More

Well this is certainty a very interesting predicament – the Daily Charts of the three major US Equity Indexes are all showing EMA compression. Short-term daily moving averages are falling as long-term averages are rising, and price is distinctly… Read More

Ever since observing positive momentum and internal divergences at the 1,260 level (200d SMA), the upside target for the S&P 500 has been a retest of the 1,300 level. One could say the test happened today, and the current structure reveals now a negative internal (and momentum)… Read More

Ever since observing positive momentum and internal divergences at the 1,260 level (200d SMA), the upside target for the S&P 500 has been a retest of the 1,300 level. One could say the test happened today, and the current structure reveals now a negative internal (and momentum)… Read More

Do you know how to quantify price structure?  It’s not a difficult concept at all, yet many traders miss the benefit of taking a moment to assess objective price structure in the context of a developing trend. Doing so allows you to assess objectively the next likely… Read More

I’ve been monitoring the changing structure in the US Dollar Index recently, and there is a very critical index level to watch that will signal an official, structural trend reversal on the larger frame. Let’s take a look at… Read More

While scanning the major Sector ETFs, a shelf of support (pattern) in the Energy ETF – symbol XLE – caught my eye. Let’s take a look at the current support level at $72 and then note a logical downside… Read More

Financial stocks have seen relative weakness with companies in other sectors, as evidenced by the lackluster performance and recent support breakdowns in the leading Financial ETF – XLF. Let’s take a Daily then Weekly view to learn lessons from the structure, and see current reference levels to… Read More

What key reference price levels should we be watching in crude oil at the moment? A quick look at the chart below shows us two levels of confluence at the $103 overhead level – perhaps more appropriately $103.75 or $104 for a… Read More

I wanted to show a follow-up to my prior post “Clear Bearish Signals Developing from the Sector Rotation Model,” and focus on the breakouts in the “Big Three” Defensive Sector ETFs:  Staples, Health Care,… Read More