Tags » Uptrend

New Uptrend

Today’s strong market action triggered an uptrend in my market trend filter as the Nasdaq Composite ended the day up 1.04% in rising volume. This means it is time to scan charts and buy.


Ukraine Uncertainty?

March 3, 2013:

The market today moved itself downward on higher volume this morning, but then ceased heavy trading for the rest of the day. Trading volume was overall lower than usual and early morning losses were shaved by the afternoon, but it is clear there is an air of Ukrainian conflict worry in the air. 120 more words

Daily Musing

Market Up & Volume Down

February 27, 2014:

Overall the market today was up on lower volume–traditionally this is a sign of weakness–but we CANNOT IGNORE THE S&P HIT AN ALLTIME HIGH TODAY! 130 more words

Daily Musing

Down Day + Down Volume = Great News

February 25th, 2014:

The market oscillated up and down around neutral territory today, but that’s okay! The day ended down on lower volume than we’ve seen recently. 136 more words

Daily Musing