Andrew is back! Today, he talks about RSI Range Rules and how they are showing signs of a possible reversal in a big way. To help illustrate that, he brings up charts of NASDAQ, Dow Jones, and the S&P 500. He still remains positive on commodities like Crude Oil, Gold and Silver as they may be more active than stocks in the near future.
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Leslie checks up on the weekly chart for the S&P 500 that was showing a potential Head And Shoulders pattern, as highlighted in her April 26th show. She then follows up on her April 12th episode about giant technology stocks that had longer-term patterns showing up on their charts.
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With the markets in general showing some weakness recently I decided to take the reverse approach for todays episode of YD5. Instead of top down from sectors to stocks I decided to start with a scan to look for stocks that are trending upward. And then take them through some RRG magic to eventual...
The stock market has been dropping. Either from a steep perspective if you are a short term trader or on a slow grind lower if you are watching things like the Dow Jones average. Greg shows how to take a look, as the market keeps churning, at where we can predict the market turning.
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