Day Trading Topping patterns and divergence.The SPY is hitting it’s top, the price action had quite a bit of momentum. Compare this to transports and the Russel Index.
There is a gap in the price action where the S&P500 looks ... Read More
25
Jun2019
31
Aug2017
Bullish Engulfing Candlestick - Technical trading one pattern for profit.
The bullish Engulfing candlestick is a very lucrative technical pattern that shows buyers taking the direction away from sellers. We are looking at two candlesticks where the present candlestick is larger "engulfing" the previous candlestick. Another way to refer ... Read More
07
Oct2015
Death Cross October Trading Plan October 2015. What is the death cross in Technical Trading?
The death cross is used in technical trading and occurs when the 50 moving average crosses the 200 moving average on a daily chart. This can some times show a reversal of the general ... Read More