The momentum phenomenon has been a fixture in the US equity markets for decades. There are two types of momentum to consider: absolute momentum and relative momentum. Absolute momentum refers…
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A Buying Climax typically concludes a long term uptrend. The rally phase from the October low of 2023 has these climactic characteristics. This advance comes after a major trend that…
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Week Ahead: NIFTY Stays In A Defined Range; Expect Directional Moves Only Outside These Levels
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Some serious consolidation continued in the markets as the Nifty oscillated in a defined range before closing the week with modest gains. Examination of daily charts shows that the Nifty…
While many analysts follow sentiment signals that involve feelings about market direction, I prefer one that follows the MONEY. I want to know what retail traders are doing with their…
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There Remain A Lot Of Mixed Signals, But One Bullish Signal That We Cannot Ignore
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The masses have been confounded by the strength of this current secular bull market. Too many keep betting against it and they’ve cost themselves a huge opportunity for profit as…
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This Beaten-Down Magnificent Seven Stock is Poised to Regain Its Leadership Status
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Going into last week, the Magnificent Seven stocks were looking more like the Magnificent Four. Leadership within the group became more concentrated, with Amazon, Meta, Microsoft and Nvidia having done…
After a remarkably bullish January, which continued the strong market action in November and December, February has had a distinctly different feel. But while breadth conditions have certainly become less bullish…
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the sloppy week for the markets, driven by the key economic data that was released. We saw interest rates rise,…
It’s all about groups on this week’s edition of StockCharts TV‘s StockCharts in Focus! In this video, Grayson shows you how to take your market analysis to the next with level with…
In this edition of StockCharts TV‘s The Final Bar, Dave answers viewer questions on the Money Flow Index, using RSP vs. SPY for relative strength analysis, strategies for names in extended uptrends…