Swing Trading with Ryan Mallory
Currently Rally Losing Momentum More action off of the 10-day moving average today on SPX. It is holding strong once again today, with another solid bounce. You can make the case that the market is in a mind numbing bull flag pattern that has lasted longer than the rally itself [...]
Take a look at one of my favorite stock market indicators I haven’t done a post exclusively on the T2108 in a long time, so I thought today would be a good day to do exactly that as the market has put together a very nice week so far and [...]
SharePlanner Reversal Indicator came through like a charm Last week I was stating that the SharePlanner Reversal Indicator was more than likely going to make a move to the upside and the SPRI was already forecasting the move. And that is exactly what it did. The proof was in the [...]
Market not trending the way reversal signal suggests it should The SharePlanner Reversal Indicator flashed a bullish reversal signal about a week and a half ago, but nothing has really materialized from it. Instead, every attempt at a rally quickly falls apart and closes at or below break even for [...]
Bullish Trend Reversal Signaled In somewhat of a surprising development following yesterday's hard sell off from the day's highs, the bulls are managing to put together a bullish trend reversal on the SharePlanner Reversal Indicator. That's actually quite impressive considering where the market has been over the past few weeks. [...]
The Nasdaq Close was based on closing price not intraday all-time highs. That close for the Nasdaq is a good thing for the bulls and the rest of the market, because the Nasdaq has been leading the way for the past few months. And by hitting new closing highs, it [...]
Reversal Indicator closing in on a bullish reading While the current state of the SharePlanner Reversal Indicator is trending bearish, this week’s reading shows that the bearish jitters the market has been experiencing of late could be coming to an end very soon. In fact, when you take a look [...]
SharePlanner’s Trend Reversal Indicator hitting extremes here Over the past 8 years of the bull rally, just reaching a bearish extreme has been, in large part, a difficult task to pull off. But we have that now, and the bearish trend reversal indicator, from a textbook standpoint, should hover here [...]
Looking For a Selloff That’ll Never Come About Bearish reversal was triggered on the SharePlanner Trend Reversal indicator a few weeks ago, but instead of a selloff, which most of us would come to expect, we are instead seeing nothing more than sideways to slightly downward price action. [...]
Fed Announcement by Janet Yellen Hikes Interest Rates Again Below is the Fed announcement and the FOMC Statement regarding the 0.25% interest rate hike: Information received since the Federal Open Market Committee met in February indicates that the labor market has continued to strengthen and that economic activity has continued [...]
The SharePlanner Trend Reversal Indicator is flashing all sorts of bearishess And it is worth noting that there hasn’t been a bearish reversal signal on the indicator since August of last year, which led to a 100-point reversal in the markets over the course a three month period. Obviously that [...]
It is always concerning to me when the T2108 Chart starts diverging from the market For those of you not familiar with the indicator, the T2108 chart measures the percentage of stocks that are trading above their 40-day moving average. Typically in a very healthy market where it is consistently [...]
