After a hesitant start the Railroad Track I identified on Monday certainly found its sweet spot yesterday with a powerful surge of 31 points on the S&P, 260 on the Dow, and closing near the day’s …
As I mentioned the other day the SPY and DIA exhibited railroad tracks albeit not the most compelling. The reaction has been a tentative reversal that at least i…
The SPY and DIA are exhibiting railroad tracks (not the most compelling but the pattern is there), and a couple of select stocks are showing signs of promise. Otherwise, we’re still in the thick…
So the railroad track reversal from last week was profitable but very short term. And as suggested in the video, during times like these you need to think about protecting those one-day profits …
Again our unique approach to reversals are proving most lucrative, with a stunning turnaround from the Dow and S&P Index railroad track ‘esque patterns that I highlighted yesterday. Here is …
I mentioned yesterday that reversals would be a better bet to focus on for now. The Dow-30 and S&P indices did form vague railroad track ‘esque setups, but their corresponding ETFs (the DIA …
As I mentioned yesterday this downdraft is likely being fuelled by three factors: – First is the uncertainty relating to the price of oil. I guess you can throw into the bargain various Eur…
As the markets made their declines yesterday it was easy to think here we go again, we make new highs only for them to be taken out by severe retracements almost immediately. That certainly has …
So after two dozen great one-day reversals during September and October, the big one – the one that really mattered – was the one that I also identified correctly as another reversal, but decided to s…
The post-earnings gap-up and consolidation is a worthy chart setup. With a persistently positive OVI it is excellent. During the last year fine examples have included AAPL (April/May), FB …
