Market Update: Free Premium Weekly Market Digest

Over the past weeks I’ve updated you on my view of the “State of the US major market indices”, see here, here and here, and how the recent technical breakout was to be interpreted as Bullish until we’d see a move below breakout levels. That move down has yet to materialize and when assessing the current state of…

State of the US markets: take two

Two weeks ago I showed a very simple chart of the 5 major US indices (S&P500, DOW, NYSE, NASDAQ and Russell2000 (RUT)), with a very simple technical analyses (TA) based on simple support and resistance trend lines put in place since the markets fell of their All Time High (ATH) chairs. Two weeks later and…

S&P 500 update: The market has spoken.

Over the past few weeks I kept you abreast on the different possibilities the market had. See here and here. Some of you “complained” those were “too many options”, but I don’t make those options, the market does, and any Elliot Wave practitioner worth his/her salt will report on the market’s options because EWT is…

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…