Swing Trading with Ryan Mallory
For the first time since January, the S&P 500 and the rest of the indices are marching lock step witih stocks as a whole. Over 70% of stocks are trading above their 40-day moving average and that confirms that stocks are supporting this market move higher. […]
SharePlanner Reversal Indicator is looking solid still. My only hold up is the fact that it is struggling to push back through the broken trend line. […]
Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have remained solid in recent months, and the unemployment rate has stayed low. Household spending has [...]
One interesting note that I’d like to put out there on the VIX right now and that is the tendency for stocks to stay relatively bullish until the VIX drops below 10. […]
The SharePlanner Reversal Indicator (SPRI) is looking much more bullish these days. However, I believe in order for it to be taken the least bit serious, it needs the S&P 500 to push through resistance and on to new all-time highs. […]
The SharePlanner Reversal Indicator is lighting up with green. After a good solid month of August where price action spent most of its time in the red, the last three days have been uber-bullish for the S&P 500 (SPX) and may even finish in the green to close out the [...]
Stocks  simply don’t want to give up this ride from the past 8 years. It can’t. IT WON’T! And that is because you have this massive long-term trend-line going back to February of last year that simply won’t break. […]
The daily chart on the S&P 500 (SPX) is an absolute mess. There isn’t really much to like about it in terms of determining future market direction. […]
I use the T2108 to gauge the overall market enthusiasm and whether the stocks, as a whole, are really following what the market is telling us. Just looking at the stock market indices, in particular the Dow Jones Industrial Average. Day after day, it makes new all-time highs. Each day [...]
Nearing extremes again, but bulls refuse to break The bulls dip buy every chance they get. Regardless of the timeframe that you are looking at, any decline is met with instantaneous buying support. But where does it take us on the S&P 500 (I could careless about the Dow)? [...]
Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have been solid, on average, since the beginning of the year, and the unemployment rate has [...]
The market is gasping for air everytime it revisits the all-time highs that it made back in June. Yet the bears have yet to show up and relieve the market at current price levels that the bulls can’t seem to do anything with. As a result you have a stalemate. [...]
