I mentioned last time that the S&P was forming a potential a bear flag. The very next day the market slid further but did not break the support formed by the low on 10th April. Our tra…
The S&P has had a negative OVI for all but two days in April, and while it isn’t hugely negative, at the same time it’s now forming an extended bear flag like pattern. The only reason it’s n…
I don’t think anyone has been particularly surprised at the market’s current retracement. After all, the S&P’s OVI turned negative two weeks ago and has stayed negative since. Yesterda…
Yesterday I showed you XOM which looked rather bullish even though it hadn’t yet broken out of its range. The reason I highlighted it was to demonstrate the power of the OVI-chart pattern combin…
Well, it’s presidential election year and historically these are quite positive for the markets. So that seems to be the case so far in 2012. Looking at the charts we’ve made some fa…
The markets continue to rumble upwards even while Greece burns in its latest austerity efforts. The main indices have continued with their rising trends and our BETA version of the “OVI Dashboar…
The Nasdaq index made another jump today in line with our solid bullish expecations this year. The OVI has remained positive but now you must manage your trade with a simple trendline, just belo…
