Volatility

in oil is large today as the market experienced a short lived knee jerk rally when inventory information was released. The failure of oil to hold onto gains with “bullish” news shows that profit takers are becoming aggressive and a deeper pullback becomes more likely. … Read More

Uptrends

are defined by higher highs and higher lows. The uptrend on the daily timeframe in Sina Corp (SINA) is now confirmed by the uptrend on the 5 minute chart below. When it comes to taking profits everyone has different styles they are comfortable with, I … Read More