‘NYSE Composite’ Archive

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 […]

NYSE Advance/Decline acting healthy, near all-time highs…

  CLICK ON CHART TO ENLARGE The NYSE weekly advance/decline line declined a little last month, yet it did not break short-term rising support (right chart). The small push higher of late has it back near all-time high levels. The NYSE index (left chart) finds itself moving above rising support and near long-term resistance. NYSE […]