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
Tweet . Add to Flipboard Magazine. . Share on StockTwits .

Video Market Recap Friday, October 30, 2015 - SPY QQQ AGG GLD GDX GG USO UNG

10/30/2015

0 Comments

 
    The rally off of the September lows surprised many market observers, myself included. As we get closer and closer to the all-time highs, is my bearish posture still warranted or not? Let us examine the bulk of evidence. 

Trend indicators are still firmly in the bearish camp. If you look at the 50-day moving average, you will notice that it is still below the 200-day moving average. The same goes for 50-day and the 200-day exponential moving averages. These facts alone are enough to set a bearish bias. But as I will show, there are quite a bit of false signals with this system. ​
​Read rest of this post here
0 Comments



Leave a Reply.

    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.