• SharePlanner Reversal Indicator: Stocks Trying to Reverse at the 200-Day Moving Average

    The market has officially tested the 200-day moving average and so far it is holding.  It is the first time it has been tested since June of 2016 and when it did, an amazing bounce, immediately thereafter, unfolded. 

    By |Published On: February 9, 2018|1 min read|
  • SP 500 Market Analysis 9-16-16

    Today’s Trading Plan: Putting in a Short-Term Bottom

    Technical Outlook: Huge bounce on S&P 500 (SPX) yesterday that put in a strong case for a short-term bottom being formed at 2120.  The rally yesterday took price back above the 5-day moving average which is something the index has been unable to do over the past week. SPY volume increased yesterday from the day prior

    By |Published On: September 16, 2016|2 min read|
  • falling-stock-prices

    Where This Bottom Indicator Is Currently At

    I love the T2108 in markets like this. When volatility is at extremes, there is no better indicator out there for gauging market direction and how close we might be to a bottom.  The bad news, is that a bottom might not be achievable just yet. Of course that doesn’t mean bounces can’t occur, but

    By |Published On: June 27, 2016|1 min read|
  • tif triple bottom trade setup

    A Bling-Bling Triple Bottom

    Retail is dead if you aren’t Walmart (WMT) or Amazon (AMZN) but a chart pattern is a chart pattern and what you have on Tiffany (TIF) is a gorgeous triple bottom with just the right amount of sparkle to it.  The $60 level seems to have insane amounts of support there, because every

    By |Published On: June 20, 2016|1 min read|