by Trent Smalley, CMT | Jun 19, 2018 | Uncategorized
A move is setting up in $CRON Mediterranean Draw And Release and it is your decision to risk capital, either long or short. Edwards and Magee would suggest that about 3/4 of symmetrical triangles are continuation patterns of the prior trend. They would also say that...
by Trent Smalley, CMT | Jun 15, 2018 | Uncategorized
ASHR is the XTrackers Harvest CSI 300 China A-Shares ETF. It tracks an index of the 300 largest and most heavily traded Chinese shares traded on the Shanghai and Shenzen exchanges. Overall, the ETF is trading a slight premium to NAV and the technical setup is one that...
by Trent Smalley, CMT | Jun 14, 2018 | Uncategorized
Degeneracy: Having fallen below a normal or desirable level, especially in physical or moral qualities; deteriorated; degraded. This trade fits that definition. But only if we lose. You can’t win if you don’t play. Long tomorrow’s $QD 10s. Care to...
by Trent Smalley, CMT | Jun 12, 2018 | Uncategorized
I generally try to refrain from making an example out of people who claim to know what they are talking about, but obviously don’t. In trading and investing it is a dead giveaway that someone is an amateur, green behind the ears and of novice skill when you see...
by Trent Smalley, CMT | Jun 11, 2018 | Uncategorized
Over the weekend, cryptocurrency markets were back in the news due to sell offs because of whatever headline you want to buy into. I skimmed through several narratives but prefer to do my own analysis. Here is what I think is setting up in Bitcoin in particular and...