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Current Outlook
Market Read is Neutral
Bottom Line
The recent volatility in the stock market has moved the market read to a neutral signal. If you are sticking to your trading discipline you should have been stopped out of most of your positions protecting...
Current Outlook
Market in Confirmed Uptrend
Bottom Line
The market has now had two or more follow through days within a five day period, which moves the market back into a Confirmed Uptrend giving you the green light to move back into the market.
This...
Current Outlook
Market in Correction
Bottom Line
Back in March, the Market Timing Academy highlighted the fact the market was showing a trend of distribution days moving the market to “Market in Correction”. This meant you should tighten your...
Current Outlook
Market in Correction
Bottom Line
The market has been showing a trend of distribution days moving the market to “Market in Correction”. This means you should tighten your stops and avoid new purchases.
Make sure you protect...
Current Outlook
Uptrend Under Pressure
Distribution Days
5 for the NASDAQ, 3 for NYSE Composite and S&P500
Bottom Line
Volume on down days has been rising on both major exchanges. The higher volume combined with sharp losses constituted a distribution...