Market Updates

$IBB Biotechs on radar

March 22, 2017
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Small range hook/doji forming at lower BB, 50ma, and recent pivot area. Very OS short term.

FANG Update ($FB, $AMZN, $NFLX, $GOOGL)

March 15, 2017
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Up 14.7% on the year, another 11% to the top of the channel.

Market Update: SPX

March 10, 2017
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SPX reversed off 2oma today with the NYMO (NYSE McLellean Osc) Oversold at levels not seen since Jan. 2016. Buyers bot support, decent r/r entry against yesterday’s low.

 

Market Update: Caution

February 14, 2017
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Valentine’s Day Warning: $SPX now VERY overbot on short and intermediate time frames. Three days hugging upper BB. Short term top likely next 1-2 days.

FANG Update ($FB, $AMZN, $NFLX, $GOOGL)

January 26, 2017
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FANG +12% YTD

Market Update $XOP:

January 20, 2017
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$XOP is my favorite ETF right now, textbook int. term consolidation on top of support. Also long $CPE, $WPX (recently completed secondary, insider buying).

Market Update: $IWM

July 12, 2016
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The Russell 2000 Index now has a completed reversal pattern (Inverse Head and Shoulder) projecting much higher prices. The Index needs a sustained break out here to confirm, at minimum two weekly closes above the Inv. HS neckline.

iwm

 

$IWM-Russell 2000: Charts in Focus

July 11, 2016
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The technical foundation for a big breakout has been
built through this inverted head and shoulders formation.
Watch for a sustained break above the right shoulder swing high.
(Kirk Report, Charles Kirk):
CIF

SP500 Years most similar to 2016

July 8, 2016
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from Bespoke:

bspoke

Stock Futures Spike on Non Farm Payrolls

July 8, 2016
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NFP: 287k v 175k

nfm

Quick Reference Videos

Click on links below for an Introduction to Dan's Mentoring Group and a Recent Advance Class Meeting -

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