Swing Trading with Ryan Mallory
Alright, it might sound humorous in saying this, but the SharePlanner Reversal Indicator just flashed a bullish reversal signal. But hasn’t the market been in bull mode all year long? […]
For much of November, the stock market has been one big ‘Snooze Fest’. Stocks have been correcting, even if it hasn’t been clearly visible on the indices.  […]
T2108 has been one of my favorite indicators for judging the current health of the market. For about a month and a half, stocks have been slipping under the surface. You can see that in the Russell, in particular, which has been in a steady decline that has matched the [...]
The sell-off looks really good at first, when it breaks the 5-day and 10-day moving averages. Then it takes out the 20-day moving average and it looks like this time is a bit different. […]
Never before has a bearish indicator meant so little to the market. Considering how relentless this market has been on trading higher, the SharePlanner Reversal Indicator has done fairly well, relative to other indicators. Two out of the last four bearish signals on the indicator, has spurred on a small [...]
Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate despite hurricane-related disruptions. Although the hurricanes caused a drop in payroll employment in September, the unemployment rate declined further. [...]
Stocks are back at all time high – or at least all the major indices are. Just today alone: S&P 500 (SPX): New all-time highs Nasdaq (COMPQ): Crushing New all-time highs Dow Jones Industrial Average (DJIA): Right at New all-time highs Russell 2000 (RUT): Bull flag at the all-time highs [...]
All the indices are are trading at or near their all-time highs, and with Trump tweeting daily about how fabulous the stock market is on a daily basis, we should be enthusiastic about stocks across the board, right? Wrong! […]
Bearish signal on the SharePlanner Reversal Indicator How much credibility should I put in this indicator? […]
The bulls are sitting at extremes that haven’t been seen since March/April of 2016. As you can see in the chart below, this can persist for a while longer, but I’ll be surprised if we don’t start seeing some kind of bearish reversal on the indicator that leads to either [...]
It has been a while since I’ve seen an extreme reading on the SharePlanner Reversal Indicator. In fact, the last one was back in February of this year. […]
The SharePlanner Reversal Indicator is currently at some bullish extremes. It can stay there for 1-4 weeks, before ultimately setting up the bearish sell-signal for the downside. […]
