Most technical Analysts are conditioned to think that positive divergences mean buy and negative divergences men sell. This is NOT always the case, and can result is big losses. In this video I reference another YouTuber PSAadmin of Perfect Stock Alert, and point out a common mistake, that I made as well, which led to [...]
From the category archives:
Technical Analysis
This is a followup to my Gold analysis, showing that we can expect equities to surge in the near-term, but things are setting up in the long term for a great fall. Must keep an eye on this.
The markets plummet on a worse than expected jobs report and all the while president Obama is talking it up as progress, a positive step forward. How is it positive when virtually all the jobs created have been temporary government jobs Mr. President? And how is it progress when private sector job creation was a [...]
With Greece rated Junk now and the Dow and S&P dropping below their respective 20 day moving averages, with the Nasdaq hanging by a thread. And with renewed strength in the dollar. It looks that major markets are going to test their 50 day moving averages soon.
Where is there a safe haven to this equities [...]
Man, last week was a doozy! First there was this Silver manipulation by JP Morgan and other banks that was exposed by a whistleblower by the name of Andrew Maguire, a precious metals trader out of the UK. Seems that the price of silver has been artificially been kept down through massive manipulation through naked [...]
Huge Support Close By, Gonna Need It
The market is rocking, the S&P has been up 6 out of the last seven days, Apple has shot through to new highs, economic conditions around the world seem to be improving, etc, etc, etc. This is exactly why I am now thinking it’s time to take profits and [...]
