Confluence of Confluences .. Cont’d.. $SPX, $INDU, $NDX, $RUT![Zweig Breadth indicator hit oversold on Friday, 3 days too late for a thrust.. but still bullish $spx [chart]..](http://redliontrader.com/wp-content/uploads/ZweigBreadthindicatorhitoversoldonFrida_B301/image_thumb.png)
Zweig Breadth indicator hit oversold on Friday, 3 days...![The Road Traveled last week & Month.. $SPX, $RUT, $NDX, $BKX.. [Chart]](http://redliontrader.com/wp-content/uploads/TheRoadTraveledlastweek..SPXRUTNDX.Chart_66C4/image_thumb.png)
The Road Traveled last week & Month.. $SPX, $RUT,...![New lower target for $DX_F set at 80.40.. [Chart]](http://redliontrader.com/wp-content/uploads/NewlowertargetforDX_Fsetat80.40.Chart_6096/image_thumb.png)
New lower target for $DX_F set at 80.40.. [Chart]
I am not much of a moving average technician but there is power...
For an official Zweig thrust we need to move from oversold to overbought in...
Here is my weekly markets chart: I have added retail tracking now. Since...
My initial target for the dollar from the 89 area should be hit sometime...
Score: +6 The market is exploding out of its skin as the 52 week new highs continue to pile in… It will take a disaster of a day to turn these charts bearish. A 200 DOW point gap down open kind of day. Until then the market should continue to climb until we...
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Good morning. Finally the bulls get a decent follow through day and the bears are starting to worry. The news cycle is beginning to get less Armageddonish.. Earnings continue to come in strong and outlooks not so bleak. Last week the bulls gained quite a bit of respect as the bears lost their heads...
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Good morning. I won’t bore you this morning with my witty post. Yesterday I talked about my whippy trade which I don’t usually do.. How does my past trading help anybody.. What we need to know is how to trade today. After all past performance in not necessarily indicative of future performance. I just...
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Score: –4 Only the NYSE put in higher daily readings, the RUT and Nasdaq just missed. None of...
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Score: +4 The 40 DPI for the NYSE and the RUT both put in higher daily values over...
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Score: 0 The markets gave us a zero composite score for the three indexes we watch. The NYSE (TOP)...
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For fun I have run the numbers on buying and shorting Friday OPEX closes that exceed 2% pullbacks. So here’s the question.. would I be better off buying or shorting into Friday’s close looking at a 10 day window and what are the parameters for doing so. My strategy inputs are: Long...
Frank Ochoa made a smash up presentation in our live trading room about his pivot average trading techniques and how to use pivot moving averages to entry and exit trades. During Frank’s 12 years of being in the business of trading he developed several successful techniques and he is currently in the middle...
I was asked for a MultiCharts version of the LRC indicator so here it is. For a write up and video on how the use the LRC see this post: http://www.redliontrader.com/headline/release-of-linear-regression-channel-for-tradestation/ Let me know if it works for you. {{{*}}}This section is for member's only :( The good news is membership is FREE! Login...
