dia
Gap down, Breakdown, Island Reversal
June 11, 2020, 6:16 pm EDT Gap down, Breakdown, Island Reversal Today is important because it marked the end of the rally since March to yesterday. All major indexes rallied 40-50% during the past 50+...
Gaps as Hints
June 9, 2020, 10:32 am EDT Gaps as Hints Gaps are formed from sudden change of momentum, either up or down. It means market bias changes suddenly overnight to a much higher degree that goes beyond pas...
Leadership Rotation
05/29 May 29, 2020, 12:19 pm EDT Leadership Rotation Index leadership changes from Nasdaq to Dow Jones (QQQ vs DIA as shown) after May 26 Short-term overbought: AAPL, GOOGL, FB, MSFT, AMZN, NVDA due f...
Dow Jones Breaking Out
05/26 Technically, the Dow Jones index is breaking out with a strong gap-up today to a new high after the Feb-March drop. Although volume is always mild or low throughout the entire rebound process, b...
Dow Jones Channel Breakdown
05/13 Channel breakdown. Ideal entry point for put / short position. Rebound wave took almost 2 months so downtrend could be weeks or even months.