by Trent Smalley, CMT | May 23, 2017 | Stock Market Commentary
I am happy to report that I have passed the 3rd and final exam of the Chartered Market Technician’s Program. For anyone that wants to gain an in depth understanding of the inner workings of price action, market theory, risk management, supply and demand...
by Trent Smalley, CMT | May 22, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends
I’m taking a victory lap this morning after I pinpointed a tactical entry in $USO a couple weeks back. Out of about 15 bad calls in the energy space and with regards to Crude Oil, I sank this putt. You may remember my post on oil being full of mathematical and...
by Trent Smalley, CMT | May 19, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
But it can make you fu#!ing downright ill sometimes. It’s hard to talk about so I’ll just show you the chart… I entered $CYOU calls based on a a confirmation of several indicators, as well as a pullback to a VPOC. It was the first time this year that...
by Trent Smalley, CMT | May 15, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends
Bridgewater’s Dalio Says The Magnitude Of The Next Downturn Will Be Epic (MarketWatch) Is Trump Boosting The Economy? Goldman Finds Mixed Signals (MarketWatch) The Sad New Life Of Exiled Ruth Madoff (NYPost) Oil Surges 2.5%, Soothes Cyber Nerves (Reuters) The...
by Trent Smalley, CMT | May 15, 2017 | Monday Morning Reads, Stock Market Analysis, Stock Market Commentary, Stock Market Trends
Heading into the week of May 15th I would expect to see Corn to continue its gradual uptrend. Starting with the Cash Weekly chart of corn we see that last week a bullish engulfing pattern was printed. This candle pattern occurs when the body of the most recent weekly...