Complimentary Articles and Analysis
Overbought until it Turns – Using the McClellan Oscillator for Condition and the PPO for Timing (Free)
Overbought and oversold conditions are tricky because stocks can become overbought/oversold and remain overbought/oversold as the move continues. This is why traders need another indicator
Waning Participation within a Key Benchmark Could Spell Trouble (Free)
Breadth is holding up for Nasdaq 100 stocks, but deteriorating for S&P 500 stocks and I view this as a warning sign for the stock market. Breadth indicators measure the degree of participation. For example, the percentage of S&P 500 stocks
Will the Generals follow the Troops? (Free)
Small-caps are leading the way lower and breadth indicators are showing some serious deterioration under the surface. Large-caps are holding up for now, but keep in mind that weakness in small-caps foreshadowed the
A Risk-off Alternative Turns Up as Stocks Falter (Free)
Sometimes markets trend, sometimes they oscillate and sometimes they simply frustrate. I would venture to guess that trading since 2022 falls into the frustration basket. Trend following and momentum strategies are suffering because big moves
Trend Signals and Trailing Stops Examples using XLF and SOXX (Free)
Chartists considering a trend-following strategy can use the Trend Composite to identify trend signals and then turn to the ATR Trailing Stop for an exit strategy. A bearish Trend Composite signal could also be used as an exit strategy, but these signals
Find the Strongest Price Charts with the StochClose Rank (Free)
Stocks and exchange-traded funds (ETFs) trading at or near new highs lead with clear uptrends. These are the names you’d want on your ChartLists or portfolio. You can find leaders by checking the list of
Should we Keep Paying Attention to Trend Signals after Whipsaws? (Free)
The stock market has been a tough place for trend-following since January 2022, which is when the S&P 500 first triggered a bearish trend signal. The bearish signal in question is the humble
Year of the Big Swing and Month of the Small Flag (Free)
The S&P 500 SPDR (SPY) is a period of big swings and above average volatility. There were six swings of at least 10% from late January to early February 2023. Looking at other 12-14 month periods, this
Pullbacks within Uptrends Create Opportunities (Free)
Stocks went on a tear from late December to early February with the S&P 500 SPDR (SPY) advancing some 11% from low to high. SPY then pulled back last week with
SPY Has a Clear Level to Beat (Free)
The S&P 500 has been trending lower since the peak in January 2022, but this decline could be a long correction after a massive advance. The pattern taking shape and