Master Charts Trading - Stock Market Indicators & Trade Alerts
Connect To Us!
  • MasterChartsTrading
  • Blog
  • Sign-Up
  • Members
    • Elite Trading Blog
    • Stock Speculator Blog
    • Training Library >
      • Basics of Trading
      • Risk & Trading Psych
      • Trend Identification
  • Help
    • Hall of Fame
    • Social
    • About Us
    • Contact
    • FAQs
    • Disclaimer
    • Refund Policy
    • Privacy Policy
    • What We Trade
    • Newsletter samples

Video Market Recap: Friday, April 29, 2016 - SPY QQQ NYA XLK XSD JNK TLT AGG GLD GDX USO UNG

4/30/2016

0 Comments

 
Last week I mentioned that there were numerous divergences present on the charts of major stock indices. It now seems that these bearish divergences are working out. For the week $SPX lost a little over 1% to close at 2065.30. Stocks are somewhat oversold on the short-term basis, so a snap-back rally would not surprise me at this point. 
​Read this post here.
0 Comments

Video Market Recap: Friday, April 22, 2016 - SPY QQQ NYA TLT AGG UUP EURJPY MUB GLD GDX USO UNG

4/23/2016

0 Comments

 
Signs of selling appeared on Wednesday and continued into Friday. SPY gained about ½ of percent to end the week at 208.97. This rally that started in February has probably overstayed its welcome and profit taking is likely to commence. Profit taking implies some sort of a corrective action. Whether or not this coming correction is going to turn into a rout remains to be seen.  Read the rest of this post here
0 Comments

Video Market Recap: Friday, April 15, 2016 - SPY QQQ AAPL TLT AGG MUB GLD GDX USO UNG

4/16/2016

0 Comments

 
Another tough week for the bears. Stocks gapped-up on Wednesday above the recent highs. SPY hit the high for the move on Thursday, and touched a major resistance in the 208-209 area. Bulls, especially those that bought back in February, are probably feeling very good right now since they are sitting on an about 15% gain. Could we gap above this resistance and simply make another all-time high? 
Read the rest ofthis post here
0 Comments

Video Market Recap Friday, April 8, 2016 - SPY NYA TLT AGG UUP GLD GDX USO UNG + Psychological Aspects Of Trading - The Rule Of 21

4/10/2016

0 Comments

 
         Big news of the week was a possible Rising Wedge break on the chart of S&P 500 ETF SPY. I still say “possible” because Mr. Market has a way to make the life hard for pretty much every participant out there. Maybe the wedge is broken and we now collapse back down to February lows. Maybe the opposite will happen and we will punch through resistance and make all-time highs. Or maybe something completely different will happen and we will meander sideways for month on end. Read the rest of this post here
0 Comments

Video Market Recap For Friday, April 1, 2016 - SPY NYA TLT AGG UUP GLD GDX USO UNG

4/2/2016

0 Comments

 
Stocks (SPY) were able to close all gaps remaining close to the all-time highs. No gaps for SPY remain above the current levels. We have to give credit where credit is due: this 15% rally off the 52-week lows was indeed impressive. Having said this, I still think that this rally is a counter-trend one. My long-term model (MBI) has flipped into the bear mode as early as September of last year and is yet to even begin improving. 
​Read the rest of this post here
0 Comments
    Subscribe to our mailing list - get special price for our Trade Alerts Service!

    Archives

    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015

    RSS Feed

  All information on MasterChartsTrading.com is for educational and entertainment purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities. Read full disclaimer.