My Updated Views On The Markets

Needless to say, things have gotten pretty interesting since my last post concerning the markets. Not to gloat or anything like that, I did call the recent fall a month before it happened in this article¬†(click the link to view it). Now that things have changed, I’m gonna share what I think is likely to…

My Current Take On The Markets

What’s going down on the markets? As always, I use the S&P 500 to gauge overall sentiment, so here it goes. What you see here is a daily chart with a 4 year trend channel. The dotted line in the middle is the mean (very important). As you can see, prices have slumped off of…

Analysis Of The Crude Oil Market

This is going to appear to be hindsight analysis but I’m posting it now because what I anticipated has actually taken place. BTW, I’m not taking any fundamental factors into consideration, this is based purely on the movement of price. Here’s my chart, two different versions. One is candle sticks with buying/selling waves and volume…

The Flaw in The Critique of Technical Analysis

For a while now, I’ve listened to many arguments against “Technical Analysis” and I’m gonna debunk those arguments¬†in this article. From what I’ve noticed, most of the arguments presented shows clearly that the person doing the criticizing usually aren’t sure what they’re criticizing. Stated another way — they don’t have a clear understanding of what…