Tweet Few charts of interest: NASDAQ HIGH LOW INDEX – 60 EMA is firmly pointed down. Very bearish for markets. Dow Jones Transports – bear flag spotting CRM – a lot of room on the downside here as broadening top is very bearish formation XOM – failed cup with handle can see a quick move […]

Tweet The following is by Karen Starich, who uses astrology to forecast events in the financial markets. Check out Astrology Traders for specific dates and in-depth analysis of future events in the various markets she covers. Salesforce (CRM) went public in 2004 and has been on a tear since bottoming in December 2008 near $20 […]

Tweet . Here is another great contrarion sentiment indicator that has been very reliable in the past. Basically when you have the majority of the crowd on one side of the boat it tends to tip. Regarding today’s action: Coal and sports apparel are very stong. CRM is an absolute beast. Still short the general […]

Tweet I just came across this chart this week and the reason why I hadn’t noticed it until today is because it doesn’t fit into my volume requirements. However, this is a perfect example of what a strong momentum trend should look like when the overall markets are behaving in a bullish manner. You have […]