The market is like Mike Tyson; How much are you willing to pay a coach to ensure you get out of the ring alive?

  Contrary to what you are used to from me, this post will not cover the financial indices’ price action, but is instead inspired by questions I received from a premium member, and by some tweets of two great traders/investors/advisers I follow on Twitter: Larry Tentarelli (@LMT978, https://trendtradingsignals.com/) and Steve Burns (@SJosephBurns, http://www.newtraderu.com/). I can…

NASDAQ update: how low can it go?

Dear followers, thank you for your patience as I am sorry for the long hiatus in public updates, but I’ve been very busy in getting my own Hedge Fund off the ground (see here), off which I am very proud, as well as keeping my premium members on the right side of the trade and…

A review of the NASDAQ’s charts

This is an excerpt of this week’s digest available to premium members only. Contrary to the DJIA, click chart to the right, the daily chart of the NASDAQ (see below) has no peak relative strength values (RSI5) but instead sports negative divergences, has triple negative divergence on the MACD and contrary to the DJIA peak money flow…