By Matt McKinney of http://www.mmckinneyfutures.com/
In looking at the daily, weekly, and monthly charts on the soybean futures with my favorite technical indicators on them, i fee like i’m being served soybeans 3 different ways.
Today in the TAS Live Room, we focused on the Emini SP primarily and specifically the 4 tick range chart. Click the chart image below to see a snapshot of the market move down and and then up with TAS. 192 more words
CLICK the Emini SP charts below to zoom and view comments. The first chart depicts a DAILY chart showing how TAS Boxes & TAS Vega put traders in a bearish state of mind back on January 24th. 280 more words
The Relative Strength Index was first developed by technical analyst J. Welles Wilder. It is not to be confused with relative strength, which compares a stock’s price performance to that of an overall market average, such as the S&P 500. 440 more words
Bollinger bands are envelopes based on a moving average and a standard deviation.
This standard deviation makes bands widen or narrow, according to market volatility. The first parameter is the number of days for the moving average. 470 more words