SPY & QQQ – A Tale of Two EFTs
Some interesting divergence between the SPY & QQQ, with the former developing some strong resistance levels on the weekly chart (see chart below) while the […]
support and resistance indicator
Mid-June reversal in stocks continues – even in tech & small caps
Last week’s better-than-expected CPI and PPI releases have been sufficient to lift the indices we follow and move some out of their consolidation pattern. Both […]
The SPY and the tech sector (XLK)
A look at the significant support and resistance levels on the SPY and consider whether we will see buying coming in as we approach month-end […]
Where next for Apple?
Apple has been on a tear recently and the trend higher is a great example of the price action being supported by strong, healthy volume. […]
Gold remains in congestion on the weekly gold chart
Whilst silver is shining, the same is not true for gold although sentiment remains bullish. However, it is the weekly chart which reveals the current […]
Bullish sentiment continues to oil with $37 per barrel now in sight
Last week’s price action for oil was another market where a strong technical picture is now developing as bullish momentum for the WTI August contract […]
A great way to smooth the price action and calm your trading emotions
If you’ve never used multiple Renko charts then you are missing out. It’s a powerful approach to calm your trading emotion as you wait for […]
Testing the R4 level on the camarilla levels indicator for NinjaTrader on GBP/USD
In this video, we pick up a test of the R4 level using the camarilla levels indicator for the GBP/USD pair as it tests this […]
How to use a tick chart to deliver momentum trades, you would miss on a time chart
In this video, David explains how you can use a tick chart to deliver momentum trades which you would not find on a time chart […]
Using the tickspeedometer indicator to reveal market momentum
As the US day trading session get’s underway I explain the importance of the tick speedometer for NinjaTrader and what it reveals whether you are […]