Bullish reversal in place on my market indicator, but can it be trusted?  The reversals on the SharePlanner Reversal Indicator are always best served when they happen at extreme levels, because there is enough reflex bounce to get price moving in a substantial way. But this confirmation comes at [...]
The bulls can still continue to push the market higher, but it will have to overcome the market weakness in six of the last nine weeks.  The headlines risk is crazy! Let’s just get that out of the way. I’ve been caught with my pants down, and I don’t mean [...]
Coming out of the August consolidation has created a very bullish environment for stocks.  While I had hoped the market would ultimately break lower and through the August consolidation, it chose (not surprisingly), to break higher and now we are sitting right below all-time highs on SPX. Now, the norm [...]
The reversal indicator has been bearish since July, but not anymore. It has been a long time in coming, but this week, there is finally a bullish reversal on the SharePlanner Reversal indicator. The last time we had one of those was in late May, and it doesn’t take a [...]
Probably a couple of weeks away from a bullish reversal on the indicator. The month of August has had its downs, but more than that, it has been extremely choppy, leaving little room for direction that traders can seize upon. For three weeks now the stock market has been nothing [...]
Big bearish reversal signal spells trouble for the stock market. The last time I posted my SharePlanner Reversal Indicator, was back in early June when the market was experiencing the beginnings of a remarkable bounce in stocks. However, now we are sitting at all-time highs, and that same indicator that [...]
We are all familiar with traditional stock market cycles, but what about the market cycle within a bull market rally and what does that look like? More importantly what clues does the market provide within a bull market that can help us better understand when the rally is going to [...]
My Swing Trading Strategy I did not take any trades yesterday. The large gap up and subsequent gap fill, was tempting to short, but chose not to pounce on it, because I didn’t want to be squeezed by an afternoon rally (which eventually did happen). I am open to adding [...]
Early Stages of Reversal Could Signal Bigger Move Biggest week of the year for the stock market last week, could be only the beginning, if the bullish reversal shown below can stay in place. One thing is certain, the sell-off back in May, had nowhere near the panic and selling [...]
Indicator is bearish, but may have signs of hope. Last time I published this indicator, I mentioned how there was a bearish divergence forming, and it turned out to foreshadow what we have seen this week. The frustrating part for me was that I actually had a short position on [...]
The Reversal Indicator could break lower, as a major divergence pops up. Notice that RSI divergence at the top of the chart? Not the best look for this market that is struggling to sustain momentum. I still think you still have to remain bullish on this market, but a hedge [...]
Early reversal on the indicator has the bulls feeling optimistic for all-time highs. I’ll admit though, if we have to deal with this kind of chop fest on our way to all-time highs, it isn’t going to be a very fun experience that’ll be for sure. Money is rotating in [...]
