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Picking Highs and Lows  // Posts tagged as "Picking Highs and Lows"

11 Nov Posted by in Market Forecasting | Comments Off on Mounting Pressure For A Big Move In Stocks

Mounting Pressure For A Big Move In Stocks

Mounting Pressure For A Big Move In Stocks

A number of different time counts specific to the S&P end up between 11/12/13 and 11/14/13.  The recent tops of 10/30/13 at 1773.25 and 11/07/13 at 1774.50 are very close to my projected price target of 1778.00. The market’s current price of 1765.00 is very close to where the market closed on Oct. 30, at […]

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23 Oct Posted by in Market Forecasting | Comments Off on Is the Luster of the Metals Upon Us?

Is the Luster of the Metals Upon Us?

Is the Luster of the Metals Upon Us?

There is a mounting body of evidence to suggest that once again the precious metals may be primed for significant advances. When price targets collide with time targets, the balance that results is very sensitive and short lived. In other words, good points for entry. The corrective moves of 67%, 65%, and 76%  from the […]

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16 Sep Posted by in Market Forecasting | Comments Off on STOCK MARKET TO ADVANCE

STOCK MARKET TO ADVANCE

STOCK MARKET TO ADVANCE

The advances we saw this week in the stock market should continue.  A number of cycles tuned specifically to equities touch down tomorrow (09/17/11), and I expect will provide the jolt required of a 3rd wave.  Today,I entered long positions at 1210 basis the December e-mini. Since I didn’t see the retracement I was expecting […]

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12 Sep Posted by in Fundamental Analysis | Comments Off on Trading With and against the Trend

Trading With and against the Trend

Trading With and against the Trend

  Whenever you put on a trade, do you ever wonder if you are going with the trend or against it? Or do you simply follow mechanical signals generated by a bunch of indicators and oscillators? Does it make any difference? Leaning heavily on lagging indicators’ signals without understanding which way the market is leaning […]

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01 Sep Posted by in Market Forecasting | Comments Off on PRELUDE TO COLLAPSE

PRELUDE TO COLLAPSE

PRELUDE TO COLLAPSE

  Examination of the fundamentals for stock prices, indicates some curious alignments setting up with the chart aspects for the same. Tomorrow (09/02/11) marks a critical time target for the indices. Additionally, yesterday’s (08/31/11) top in the September e-mini, of 1229.75 is at least in the ballpark of the key support region I calculated of 1220. Of even […]

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03 Jul Posted by in Market Forecasting | Comments Off on Current Projection for Equity Markets

Current Projection for Equity Markets

Current Projection for Equity Markets

  Basis the September e-mini S&P, the next major time target I’ve projected is July 31st. This date arrives on a Sunday, so  my expectation for a significant transition in the behavior of the market will likely be as of Monday, August 1st. During the first part of last week, I had worked out some overhead […]

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11 Jun Posted by in Market Forecasting | Comments Off on Signals for 06/13/2011

Signals for 06/13/2011

Signals for 06/13/2011

    SELL GOLD This is what John Maynard Keynes would say if he were alive today! A recent article in a financial paper advocated a return to the Gold Standard, and disagreed with John Maynard Keynes’ famous statement “Gold is a barbarous relic”. The financial meltdown of 2008 and the current Middle East turmoil […]

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09 Jun Posted by in Market Forecasting | Comments Off on Update on time target arrival

Update on time target arrival

Update on time target arrival

  In my Webinar presentation last Saturday, I provided some dates that I think will mark turning points for the stockmarket. The next date to arrive is June 12, 2011 (This coming Sunday). Since this arrives on the weekend, I’m anticipating a turn on Monday 06/13/11. Considering the recent trend, it appears the market is likely to […]

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19 Apr Posted by in Day Trading, Fibonacci Ratios | Comments Off on Preparing for a Winning Trade

Preparing for a Winning Trade

Preparing for a Winning Trade

The two most important questions I ask myself when I analyze a price chart of any time interval to find trading opportunities are: trend direction (easy to see) and trend strength (critical to know). Knowing the answers allows me to choose one of two basic trade entries. I can either trade with the trend when […]

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