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Chart Advisor: Erasing Gains – Stocks reverse lower, erasing most of yesterday’s gains.
over 1 year ago by IBKR Traders’ Insight

Many of the market's weakest areas and cycle laggards bottomed early in the summer and have been stuck in prolonged sideways formations ever since. The big question on the minds of technical analysts is whether these consolidations could turn out to be continuation patterns or reversals. The post Chart Advisor: Erasing Gains – Stocks reverse lower, erasing most of yesterday’s gains. appeared first on Traders' Insight.

Dow Jones Industrial Average: Still Underrated
over 1 year ago by JC @ All Star Charts

There is a constant conversation among market participants about which indexes are the better representation of the stock market, particularly in the United States. While the media often quotes the Dow Jones Industrial Average daily changes, professionals tend to steer towards the S&P500. The argument normally revolves around the price-weighted nature of the Dow Jones […] The post Dow Jones Industrial Average: Still Underrated appeared first on All Star Charts.

The Trading Coach Podcast - 716 - Day vs. Swing Trading. Which Is Better?
over 1 year ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

A comparison between day trading & swing trading along with a look at how got started as a full-time trader. Learn to Trade at https://tieronetrading.com/ Your trading Coach - Akil --- Support this podcast: https://anchor.fm/thetradingcoachpodcast/support (https://anchor.fm/thetradingcoachpodcast/support) Episode link: https://play.headliner.app/episode/11632829 (video made with Headliner.app)

Selling inevitable, but Russell 2000 retains support
over 1 year ago by noreply@blogger.com (Declan Fallon) @ Fallond Picks

Big bullish engulfing patterns from Thursday were going to struggle to hold their gains, particular as many had started from below support established by the June swing low, and all had come on the back of two months of selling. With the Nasdaq, the selling had pushed down to half the height of the engulfing pattern and returned the MACD to a 'sell' trigger. Other technicals continue to worsen, but at least selling volume was down on the previous day's accumulation.<img border="0" data-original-height="800" data-original-width="620" src="https://blogger.googleusercontent.com/img/b/...

Sunday links: greed and ambition
over 1 year ago by abnormalreturns @ Abnormal Returns

What a Stock Market Bottom Looks Like
over 1 year ago by Ben Carlson @ A Wealth of Common Sense

There’s an old saying that they don’t ring a bell for you at the top. I know this to be true because investors spent more than 10 years during the bull market of the 2010s calling everything they saw a top. The regime changes are rarely obvious until after the fact. The same is true......