Longer Term Look At Trends of SP 500
The longer term charts indicate that recent selling may be the beginning of a larger selloff. This video takes a look at how 2000 top formed and how the current environment compares to that time.
The longer term charts indicate that recent selling may be the beginning of a larger selloff. This video takes a look at how 2000 top formed and how the current environment compares to that time.
Maximum Trading Gains with the Anchored VWAP results from decades of research and application by the author. It builds on Shannon’s foundational book, Technical Analysis Using Multiple Timeframes.
Author Brian Shannon, CMT, explains how to use the Anchored VWAP (AVWAP) to make better entries and exits, to time breakouts and breakdowns, and to set stop losses. Both new and experienced traders and investors will appreciate the book’s insights and systematic approach to using AVWAP in a variety of situations including IPOs, support and resistance, market direction, short sales and squeezes, and financial news.
In the author’s words, “The AVWAP represents the absolute truth of the relationship between a stock’s supply and demand, and is 100% objective.” Every chapter includes solid advice on managing risk, which Shannon emphasizes throughout the book, “is Job One.” Shannon is a trader’s trader who avoids jargon. The book offers over 145 color charts, tables and case studies to set out a definitive framework for understanding the three most important components in the market: price, time, and volume. Readers will learn to work with the market’s psychology and their own.
Amazon Book:
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Google eBook:
The eBook is on Google Play in 70 countries.
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Apple eBook:
The ebook is on Apple in 18 countries.
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news going to be treated like the Bank of America investment inCFC?
is the company on WALLSTRIP this morning. Here’s a video look at the stock…boring company, boring stock.
It is with good reason not to trust low volume rallies in a primary downtrend as the gains from last Friday were wiped out today. My math was off on the QQQQ, the height of descending triangle is 2.5 points not 1.5 and that would … Read More
is the company on WALLSTRIP this morning. Here’s a video look at the stock.
The market was higher in today’s holiday shortened session, but the lack of volume casts a cloud of suspicion on the move.
Only price pays! I thought the short term trend had the potential to turn higher if it made it above 146.00 on the SPY because of yesterday’s large volume and volatility, but the opening weakness ruined those chances. HAVE A GREAT THANKSGIVING!