Confluence

Confluence

Futures opened this evening and the /ES was limit down in minutes. This used to be a rare occurrence of course, but in the new world it’s commonplace. I want to talk about confluence. One of the most powerful tenets of technical analysis as a discipline. The...
Pure Technicals

Pure Technicals

We won’t waste any time. You can refer to these levels going forward for some major charts I (we) all watch. Starting with the one everyone talks about: A. Dow Jones Industrial Average A couple of things I am watching: Taking into account the major uptrend which...

It’s So Good To Be Back

All – As you may or may not know, I had nothing but trouble with the website the past several weeks. I’m merely a finance whiz, seasoned in the world of investment and speculation. I have less than zero time to monkey around with the back end plumbing of...