Quick comments in this analysis. I tend to find just looking at the direction the ema ribbon, or red 20dma is an easy way to tell the underlying trend. Clearly it is still bullish. I was wrong in the latest TA on the S&P 500 I posted. I foresaw a drop through that ema ribbon that did not materialize. That next week I closed that short for a loss, as...
There is a great deal to be bullish about for JNJ. I anticipate the price will find a nice runup as the recent bullish volume along with strong institutional exposure (70%) leads me to believe we find the price moving higher. The other fascinating observation is the strong earnings growth with virtually no new sales growth. This is a company run incredibly well...
The most important thing I am noticing that I do not hear anyone talking about is that Utilities have been cycled into discretely over the past month . 1-Month Performance Utilities +5.61% Consumer Cyclical +2.18% Financial -1.35% Energy -6.9% 1-Week Performance Utilities -2.28% Consumer Cyclical -2.71% Heathcare -3.1% Basic Materials -6.24% ...
Have you always wondered how to identify when Bitcoin is volatile and in which direction it is heading? You’re in luck – you can identify both volatility and direction with Bollinger Bands! Bollinger Bands Bollinger Bands are a volatility indicator displayed by a moving average and an upward and lower band. Both bands are typically 2 standard deviations away....
CURRENCY: NZDUSD ENTRY: SELL @ 0.69 MONTHLY TREND: SELL WEEKLY TREND: BUY DAILY TREND BUY ANALYSIS: Alignment on Monthly Trend, Enter at Weekly Bollinger VALID FOR: 4 Weeks STOP LOSS: No Stop Loss, exit according to Valid Period positive or negative