Sell in May?
Well the charts look bearish, the OVI looks bearish and the count of flags looks bearish. On the other hand the S&P is sitting at a key support level that could bounce back up. My hunc…
Guy
May 13, 2012
Guy
S&P Still Flirting with Support, and AAPL’s Big Influence
The markets are still flirting with the support levels I mentioned yesterday. The S&P is marginally up having started strongly and I’ll make a wager that when you refresh this chart you’l…
Guy
May 11, 2012
S&P Teasing its Support Level
The S&P has been traversing sideways for a month or so now … which just happens to coincide with the OVI being negative during the same time period. Coincidence? Come off it! &nbs…
Guy
May 10, 2012
How Fussy would you be if you could only make six trades in a year?!
Hi Everyone It was great to meet some familiar and some new faces at the Dan Zanger workshop in Los Angeles on Saturday. Since then I’ve hopped from West to East, spending a few days in …
Guy
May 1, 2012
No Breakout No Losses
I mentioned last time that the S&P was forming a potential a bear flag. The very next day the market slid further but did not break the support formed by the low on 10th April. Our tra…
Guy
April 27, 2012
S&P Threatening a Bear Flag
The S&P has had a negative OVI for all but two days in April, and while it isn’t hugely negative, at the same time it’s now forming an extended bear flag like pattern. The only reason it’s n…
Guy
April 23, 2012
Trendline and OVI Dovetail Together
I don’t think anyone has been particularly surprised at the market’s current retracement. After all, the S&P’s OVI turned negative two weeks ago and has stayed negative since. Yesterda…
Guy
April 17, 2012
The OVI Dashboard is Here!
Roughly three months after its conception the OVI Dashboard is now ready! In this message I’m going to give you a summary – there are full instructions within the Dashboard itself.
…
Guy
April 4, 2012
AAPL, AMZN, GS and BAC
Just a couple of charts today to keep you on your toes. One thing my best students have in common is that they take their first profit target quickly. For more information on that, log…
Guy
March 27, 2012
Anticipate Part II and OVI Dashboard Latest
Yesterday I showed you XOM which looked rather bullish even though it hadn’t yet broken out of its range. The reason I highlighted it was to demonstrate the power of the OVI-chart pattern combin…
Guy
March 14, 2012