‘NYSE Composite’ Archive

Two-Thirds chance NYSE topping pattern in play

  CLICK ON CHART TO ENLARGE Is the NYSE creating a “Giant Topping” pattern? Rising wedge patterns lead to lower prices around two-thirds of the time. At this moment, a top is not proven! For sure I do respect the potential that a rising wedge pattern could have some impact in the near future on […]

Massive bullish wick takes place this month, at 5-year support!

  CLICK ON CHART TO ENLARGE Bullish wicks/reversal patterns are usually good for any asset. When a wick takes place at a key support line, it is often even a better sign. The above monthly chart of the NYSE highlights that a large bullish wick at key support drawn off the lowest monthly closing price […]

Reduced “Slow Money” exposure at these price points

  CLICK ON CHART TO ENLARGE The Power of the Pattern suggested to pull some “Slow Money Long Exposure” off the table at the blue arrows above.  One of our goals is to help financial professionals and investors who don’t care to trade very often (ride established trends). Slow Money Signals are available with several […]