A typical day trading the US indices using time, renko and tick charts
The early part of the US session proved once again that for index traders it’s so important to take advantage of the money days, which […]
Stock Market Analysis
A red letter day for emini index traders
A red letter trading day for index traders, as the primary US indices sold off strongly driven by a number of factors, and delivering terrific […]
Anomalous price action on the NQ emini weekly chart
At the start of another trading week I thought it would be apposite to check out the US indices and in particular, the NQ emini […]
DollarTree rally looks weak
Recent price action in DollarTree (DLTR) has confirmed the weakness of the current rally which has all the hallmarks of a trap move higher with […]
GIS now testing a key price level ahead of earnings
The first quarter of 2019 has been a positive one for General Mills Inc (GIS) which has seen the price of the stock rally from […]
Lessons to learn trading the indices
After the last few days when index trading has been a relatively straightforward business, today’s session was much as expected following the overnight news from […]
Bearish sentiment for ALK now taking hold
Alaska Air group is one stock which has been under pressure in the last few weeks, and taking a look at the daily and monthly […]
Selling climax almost complete for ALX
Another stock which looks set to fall further and dramatically is ALX, and from a technical perspective this stock is now testing a key level […]
Extreme volume raises alerts on MLNX
One of the filters vpa traders can use is to consider unusual volume to see whether it is in line with the price action and […]
Clear signals for volume traders on the weekly and daily YM emini
Last week’s move lower in the indices, and in particular on the June contract of the YM would not have come as a great surprise […]
OFLX delivers some great volume price analysis lessons
The daily and weekly charts for Omega Flex (OFLX) present some fantastic volume price analysis lessons which can be applied to other markets and instruments. […]
Financial sector now in congestion
Following on from my post on Citigroup I thought it would be interesting to look at the XLF ETF which is the EFT for the […]
Citigoup continues to trade in a tight range
Citigroup continues to tempt and tease longer term investors, as the consilidation phase of price action which began at the start of the year shows […]
The volume point of control confirmed it all!
Another session for day trading the US indices where patience and more patience was required, but as always it’s volume spread analysis coupled with the […]
Indices again wait on China US trade talks
A quick look at the indices following last week’s strong close on comments and speculation of a positive outcome to the China-US trade talks with […]
Indices wait on Trade Talks
Last week’s close lower in the VIX coupled with Friday’s late buying of the indices has continued as we start a fresh trading week with […]
A classic accumulation phase of price action for GE
The weekly chart for GE is one which delivers a classic lesson in the accumulation phase of price action, and as regular readers will know, […]
Indices in consolidation ahead of FOMC
The end of the US government shut down doesn’t appear to have had a positive effect at the start of the new trading week. In […]