Technical Analysis

SPY range trading

SPY had completed a 1-2-3 pattern and is consolidating its price pattern, this is very good technical news as price returned to standard behavior after moving wildly and unpredictably....

SPY 1-2-3 Pattern

SPY Had just completed a 1-2-3 pattern confirming the 265 as the short term top. Our technical analysis models predict a downtern next week re-testing the 220 lows....

SPY-Short term bounce

SPY dropped 35% since its all-time high in the last 5 weeks, At the moment traders are looking for direction and any estimate is just that .. an estimate....

SPY-Short term Support/Resistance

The market had its first trade halt since 2008, and volatility is extremely high (more than 4 times the average); Trading the market is challenging....

SPY-Where from here?

The market in complete chaos in the last two trading weeks, volatility is high with daily swings as the coronavirus is driving fear up the wall....

SPY – All TA Bets Are Off!

As we are fully grasping the Coronavirus impact on global economy, all bets are off on technical analysis. US market down by more than 8% last 3 days; SP500 at the 50% retracement Fibonacci level....

GLD-Broke short term resistance

The gold ( GLD ) has broken a short term resistance at 149$ and started a new leg to the upside, the long term trend still needs to be approved so price monitoring is still required....

SPY – Will the cycle repeat ?

SPY started another leg up, in previous legs it ran for 6 weeks until a major correction; uptrend CONFIRMED, long equities portfolio is now long the S&P500....

Is the FTSE a BUY

We have started coverage of the FTSE as one of our trading opportunity for 2020; Here is our short summary for the UK index....

Is $MSFT a buy?

MSFT has been on a parabolic move to the upside, has exploded to 190$ but then retreated. Is MSFT a buy at these levels, or has the company run its course?...