From Failed Moves, Come Fast Moves

The chart below of the $SPY is one I sent in to the editors of SFO Magazine Friday morning for THIS ARTICLE Unfortunately, by the time the article was out this morning, the market had gapped lower and the short could not have been initiated as outlined.

Technical analysis is largely about knowing where key levels […]

By |June 25th, 2012|Articles, Education, General Blogs|Comments Off on From Failed Moves, Come Fast Moves

Failed Move, Fast Move Again?

The market has made momentum chasers reconsider their moves a few times this year after it appeared an important technical level had been breached. Most recently, the failed higher high in September saw a quick pullback, while the lower low on October 4 led to a 14%+ rally to the $SPY falling one penny […]

By |October 19th, 2011|Articles, Featured, General Blogs|Comments Off on Failed Move, Fast Move Again?