How to Trade the Market’s Most Elusive Chart Pattern
A “high tight flag” is an extremely rare, chart pattern. They typically form after an explosive move higher in a stock’s price.
A “high tight flag” is an extremely rare, chart pattern. They typically form after an explosive move higher in a stock’s price.
One of my favorite market internals to watch is the put/call ratio. It measures the ratio of traders buying puts (bets the market will go lower) to those buying calls (bets the market will go
The stock market continued to power higher last week. We saw back-to-back, high-volume advances on Wednesday and Thursday, which is a good sign that investors are starting to pile back into stocks. On Wednesday, the
Regular readers know that the metaverse is basically a virtual reality (VR) world where everything happens totally online. Just strap on a VR headset, log in and you can begin interacting with the metaverse from
The S&P experienced a decent bounce of 2.6% last week. And since the recent bottom on June 17, the index has rallied as much as 10.3%. However, with the pullback we’ve seen over the past
As regular readers know, a “high tight flag” is an extremely rare, bullish chart pattern. They typically form after an explosive move higher in a stock’s price. Specifically, when looking for a high tight flag
I’m elated to announce that my wife gave birth to our daughter last Sunday. So far, she seems to be the good luck charm this market desperately needed. Last week, the S&P 500 saw two
I mentioned in Monday’s Watchlist Update that I think the market is trying to form a bottom. This isn’t an overnight process, and it’s going to take some time before we know for sure that
You’ve heard me talk a lot recently about the strength in the biotechnology sector and why I’m looking for it to potentially lead the next bull rally. One reason for that is the price action
Regular readers know that big bases can lead to big breakouts… This price pattern is characterized by a relatively tight trading range following a large move up or down. Not much happens inside the base,
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