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I'm looking at energy instruments and it seems like many of them are primed for a big move/continued uptrend based on technicals, geopolitics, etc. I've never done a discretionary play on energy before but XOM, XLE and oil are all looking good for a long swing trade that could be held for...

For sure, I'm just wondering if it's about to change direction instead of heading for the bottom of the range yet again. A lot of volume on the way up to the resistance level but then a lot of volume keeping it from going any higher. Now it's starting to look like it's consolidating, almost a...

Interesting, a lot about the trading range. In my experience, trading ranges don't last very long and by the time there is a clear past trading range, it's getting ready to break out of it and you're too late (to trade the range)

I did my TA for swing trading TLT and I'm getting very murky results. There's a larger downtrend, of course, for the bond market but it's either changing direction or forming a rising wedge right now. That being said, I'm looking at swing trades that can last between 2 days and 2 months...

Thank you!

Does anyone have an SPY chart that already has the dates of the hikes of this hiking cycle and the percent increases superimposed on the chart? I've been looking but can't find one. Looking to see how the market has reacted in the following day(s) after hikes with a quick reference

That's interesting. Haven't seen that one before. For the Year Average, does it use the total days above/below or are the times where the count resets used in the average as well? For example, on 11/10 and 11/11 the day count resets. Are you using a spreadsheet to calculate it?

What are you using for analysis? What does your analysis point to the market doing?

What will the S&P 500 do in relation to the 200 day Moving Average?

I've made plenty of guesses before that didn't hold up but this one from 10/1 was pretty good. The question is what the market does now and if it actually hits major resistance at 400. Seems like the market has some steam and there's a number of converging potential resistance prices including...

I agree, I wouldn't subscribe to anything on C2 that day trades. Swing trades fine. Orders that execute on market open and are known ahead of time, that's your best bet.

Did you try reaching out to C2 to see what they say?

They posted a 200 WEEK moving average, not 200 day. (We've been below the 200 day moving average a lot lately.) That being said, I'm not sure how helpful the 200 week moving average is. I have a feeling that it usually provides support as the market is usually moving up in the long long term...

I thought it was interesting that the market moved that much on Friday but without a ton of volume. If you look at other similar down moves in this bear market, it is usually accompanied by more volume. I'm still suspicious that there may be some exhaustion of sellers. The support at 365...

So, basically, it's not a true Inverted Hammer but if it was, his testing shows that inverted hammers tend to be continuation signals rather than the traditional interpretation of being a reversal signal. So, still, outlook is clear as mud. :D I haven't used candlestick patterns a ton in the...

What do you guys think of this inverted hammer candlestick on the Weekly SPY chart? The only other time it occurred during this bear market was the first week of May and the market continued lower but one occurrence isn't statistically valid. Is the one in the picture viewed as a true Inverted...

Where did this forward-looking chart come from? I could see something similar happening before down downtrend resumes. I was thinking it would hit 4000 earlier, though, and I would be surprised if January is as bullish as that chart predicts.

I tend to lean bear-ish even when I shouldn't but I'm seeing a number of TA approaches that indicate a retracement is in order and it has me hesitating to enter short positions. If I was forced to guess, SPY (may hit 350 first but then) spends a few weeks getting back to 400 where it hits...

I think the downtrend that started on 8/2/22 is showing signs of exhaustion and expect it to retrace about half of the move from the 8/2 peak to the current trough. I wouldn't use that information to enter a long position, though, as I don't like trading against the trend. More for knowing...

Like I said, I've opened multiple accounts before but had to close the additional account because it caused problems with third party software. What I was wondering is if I can have additional logins (different usernames) that are fully separate from eachother and control different accounts...