Complimentary Analysis

Free Chart Analysis

Two Key Groups Take a Turn for the Worse – with Video (Free)

A few large-caps and large-cap techs are holding up, but other areas of the market are showing weakness. Namely, the Retail SPDR (XRT) and Regional Bank ETF (KRE) are two of the weakest groups right now. These two groups are under selling pressure and this could bode ill for the broader market. Why? Because they represent key areas of the economy.

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Free Chart Analysis

Breadth is Not Keeping Pace with the Bounce – with video (Free)

The S&P 500 SPDR bounced the last three weeks, but we did not see an improvement in breadth. Weak breadth is also reflected in performance for mid-caps and small-caps, which are lagging. Even so, SPY and QQQ are in short-term uptrends and I am watching the tech sector for clues.

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Free Chart Analysis

The Key to the August Breakouts – with Video (Free)

Stocks surged in the second half of August with several ETFs breaking out of corrective patterns, such as falling flags or falling wedges. Even though September is a seasonally weak month, these breakouts are bullish until proven otherwise. Today’s commentary will analyze the breakout in the Technology SPDR (XLK).

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Free System Trader

Seasonality versus Simply Market Timing (Public)

According to the Stock Trader’s Almanac, the best six-month period runs from November to April. The worst six-month period runs from May to October. This is where the phrase “sell in May and go away” comes from. There is some validity to the best

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Free Chart Analysis

A Nasdaq 100 Stock Showing Relative Strength in August (Free)

Stocks were hit hard in August with QQQ leading the way lower and breaking its July low. Stocks that did not break their July lows are holding up better and showing relative strength. These are the stocks I want on my WatchList for tradable pullbacks and short-term breakouts.

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Free Chart Analysis

Finding the Leaders with ATR Momentum (Free)

Chartists can find leaders by ranking ETF performance in ATR multiples, and there is even an indicator for that. Normalized-ROC puts point performance in ATR multiples and we can compare these values against others. Current Normalized-ROC

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Free Chart Analysis

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

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Free Chart Analysis

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

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Free Chart Analysis

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

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Free Chart Analysis

Trade Like Trevor (Free)

Trevor Lawrence put in a performance for the ages in the AFC Wild Card game on Saturday. Chapeaux! Lawrence started the game with four interceptions in the first half, but kept on throwing

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Free Chart Analysis

Trend-Followers Get the Whip, while Swing Traders Catch the Ride (Free)

2022 has been a tough market for trend-followers, but swing traders have been able to catch a few rides. Trend-followers are suffering because whipsaws are above average this year. A whipsaw occurs when an uptrend cannot extend after a bullish trend signal and the trade results in a loss.
Before looking at some trend-following stats,

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Free Chart Analysis

How to Find the True Market Leaders (Free)

Stocks surged this week with the S&P 500 SPDR (SPY) advancing over 5% and nearing its falling 200-day SMA. The big trend is still down because SPY recorded a 52-week low a month ago and a lower low

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