Charts
Chart pattern, indicators, drawing, etc
Stock Chart: Oustanding Volume Distribution (SPY)
December 19, 2021, 3:39 pm EST Oustanding Volume Distribution (SPY) Outstanding volume means abnormal or unusually high volume activity on a stock or index for a certain day. It indicates lots of trad...
Stock Chart Today: Two Downs
November 30, 2021, 11:29 am EST Two Downs How do we analyze the stock markets and give a bias, bullish or bearish? It bases on votes. For example, there are three major indexes that most traders or in...
Weekend Summary: Stay Alert
November 27, 2021, 10:40 pm EST Stay Alert Friday (11/26) had surprising news that hit global stock markets with a sharp sell-off from the development of COVID-19, US and Japan lost about 2.5% and Eur...
Stock Charts: Deteriorated Breadth Readings
November 24, 2021, 3:31 pm EST Deteriorated Breadth Readings When looking at the all-time highs of indexes like S&P500 or Nasdaq or even Dow Jones, their price charts look perfect with a straight ...
Stock Chart Today: A Warning Signal
November 22, 2021, 4:01 pm EST A Warning Signal It is essential to pay attention when a warning signal appears. It reminds you to be alert and ready to make a decision quicker than usual. Sometimes, n...
Stock Chart: Price and Volume Patterns
October 21, 2021, 5:53 pm EDT Price and Volume Patterns Volume means the weights when interpreting charts for the stock markets. Rising volume means strengthening and declining volume equals weakening...
Stock Chart: Uptrend Over. Downtrend?
October 6, 2021, 1:31 pm EDT Uptrend Over. Downtrend? Dow Jones made one of the strongest rallies in 120 years of history producing about +100% return between March 2020 and September 2021 (18 months,...
Stock Chart: Major Breakdown from Nasdaq 100 (QQQ)
Today is a major breakdown day for the Nasdaq index. A picture is worth a thousand words as shown in the featured chart (QQQ).
Stock Chart: Rise or Fall? That’s the Question
September 21, 2021, 12:06 pm EDT Rise or Fall? That’s the Question Rise or fall? That’s the question everyone is concerned about after a -600 drop or near -2% down in major indexes yesterday. It...