Is there bad news just around the corner ??? Technical analyst agree that a falling wedge pattern is a bullish pattern. As a pattern, its bullishness just stays dormant until the breakout occurs. It is a great pattern for technicians because its failure rate is only 10% which means it has an accuracy level of [...]
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A charting event that you should keep in a notebook as a reference
A Classic Event to keep a record of … Let’s post a charting event that you should keep in a notebook as a reference. It is an event that happened a little less than a year ago on July 27, 2011. It was a day where 5 out of 5 indicators on our Multi-Model went to a negative trending [...]
Today’s chart on the daily amount of Institutional Buying and Selling activity
One of the daily charts our Standard and Advanced subscribers really like is today’s chart on the daily amount of Institutional Buying and Selling activity. In this chart (see below), we plot the amount of daily Institutional Buying as a blue line, and we plot the daily amount of Institutional Selling as a red mountain chart. By [...]
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