video shows several candidates for break out or short sales for at least short term gains by buying the break (or selling the break down) on good volume and closing at least some on the first day. Today including: PML, THRX, CXO, DAR, AMTD, FTEK.
inthemoneystocks
InTheMoneyStocks.com looks at the markets by analyzing the charts on a pure technical basis. They only focus on technical trend line analysis, price, pattern and time. This gives them a clear current picture of every key level in the market on all time frames. In addition, they focus on the major gap fill that occurred today and look at a possible head and shoulder break down on Goldman Sachs. They also note some extremely key levels showing up in the intra day market that look to be major supports and resistance points. Enjoy and come join the Research Center to start getting premium guidance and education from the elite traders and chief market strategists at InTheMoneyStocks.com. The Research Center includes Daily Technical Analysis Videos in the evening with all the major levels in all the major markets, the daily market report, pro trader watch list, technical tactic, hidden gems and more.
u05ikoren
Today is march 25th and we only made one trade because we are waiting for the big picture to come into play. The market is going to feel a huge squeeze of longer term channel resistance with short term channel support. This squeeze should first of all provide a huge selling pressure. We believe that the bears are not all in the market and they have been waiting on the sidelines for such an opportunity. Once the sell off starts we will be looking at key fiboncci restracements of the last upward move (the sell off should dictate subwave 5 of elliot wave). In addition to the video, I want to add that since we have been trading in the channel, the market highs have always been 78.6% retracement of the previous high, and right now we're hitting a 78.6% retracement, so everything seems to be pointing towards a commencement of a wave lower, which potentially is the last wave. In this video we look at other charts that seem to point in the same direction. The VIX has formed an inverse head and shoulders which should take us past a bull flag resistance formation. Gold has been trading in an ascending channel and is sitting on the bottom of support, and should get a nice push higher soon. Goldman Sachs and Financials are sitting right at the top of their respective channels and should feel resistance very soon. Even google, is showing signs of a head and shoulders which should take it to the bottom of its channel. If we do break the resistance of the channel, I believe we will see a nice bull run, and then we can finally call a bull market, until then we think the bears have the benefit of the doubt. Get ready to go short!
chartpattern
technical analysis of the stock market 3 25 part 1
chartpattern
technical analysis of the stock market 3 25 part 2