One of the most common and best patterns is the double bottom pattern. This is simply when the market seems to retest a low and then bounces higher off the low level. It is important to watch for the double bottom low to pierce the prior low before reversing back higher. This is because market makers are looking to bait in momentum short traders and then come in and rip it against them. Once they are forced to cover their short trade by buying back the stock it creates extra momentum to the upsi… Continue

Bears are getting rattled. It serves the market well.

Last week everyone had their sights on a weak minor 2 wave up. Now there is doubt across the board on the EW front. This is EXACTLY what is needed. Too much confidence in any one direction = NULLIFIED.

I try to refrain from too much analysis. The trick is finding the TREND, not the turning points. The Trend can only be found AFTER a reversal. EW tries to set targets for LIKELY points.... you can certainly trade targets, but you should trade… Continue

Changes Of Trend- Watch TV On Web!

Due to the fast growing of internet and IT worlds, all the football fans are able to watch the live football on the internet from their Pc or laptop at any place or any time as long as there is internet access.

From the individual TV sets to cable TV, satellite TV with dish until now the satellite TV on pc. You all can see the changes of trend.

Watch television on computer are the future television set. This all must thanks to the pro… Continue

Often when a stock cannot catch a bid or rally higher with the major indexes it is signaling weak relative strength. Stocks that have or signal weak relative strength compared to the market are good candidates to be sold short on bounces. For example, FSLR the leading solar stock has not been able to rally with the NSADAQ or the other major indexes. These are the kind of stocks that you can watch for small bounces and take short positions. Remember it is prudent to always use stops as stocks can… Continue

Welcome to benefit from building a simple average S&P-500 forecast (up, down, or sideways) for the next week. If you use more than one method, approach, or tool for prediction, it could be reasonable to give a vote for each one. "Sideways" is defined as a change within 1%.