April 25, 2024, 11:35 am EDT Bitcoin Rally and Convergence Bitcoin and all other cryptocurrencies enjoyed a strong rally from the beginning of 2023. Its ETF (GBTC) price soared from 7 to 65 till April...
January 9, 2024, 11:15 am EST Gap Zones for Ceiling and Floor (QQQ) Gap zones, either gap-up or gap-down, provide important information for the market reactions on volatile days. These hints are usefu...
January 3, 2024, 10:44 am EST Unwinding (DIA) The stock markets are like a rubber band. It can be stretched and squeezed in such a way that is far from its normal shape. But, this process created tens...
December 20, 2023, 3:42 pm EST Overdue for Pullback (DIA) It is one of the greatest rally with +16% straight-up gains within two months. As shown in the Dow Jones ETF (DIA) chart where we can see the...
November 29, 2023, 10:53 am EST Record Highs Phenomenon While major indexes are making or approaching the record highs region since about a month ago, it would be important to examine the charts in or...
October 22, 2023, 10:35 am EDT Late Stage of Convergence Pattern (QQQ) The Nasdaq 100 ETF (QQQ) made one of the strongest rally in 2023 by reaching about 44% gains in 7.5%. However, QQQ was moving sid...
September 14, 2023, 12:06 pm EDT Breakout or Breakdown ? (DIA) When the convergence pattern is getting closer to the late stage, it is important to pay attention to its next move. This is the pattern...
August 2, 2023, 1:52 pm EDT Uptrend Channel Pattern (QQQ) Nasdaq or Nasdaq-100 (QQQ) made one of the greatest rallies with more than +40% YTD gains (QQQ) as of today. It formed an uptrend channel pat...
July 20, 2023, 11:07 am EDT Overbought condition and Catchup Rally It is important to understand the condition of the current market in either overbought or oversold condition so that one can avoid ch...