‘Trade the Range’ Archive

Home on the “Trading” range… Dow Jones

For almost a year, it has paid to “Trade the Range“ in the Dow Jones Industrial Average.  Plant seeds of growth at the bottom of the range and Harvest gains at the top.  For aggressive investors, it has paid to take positions to score on defense at the top of the range as well.  Update of [...]

Emerging Markets ETF’s hitting a wall of resistance… Time to fasten your seat belts

Broad based Emerging Markets ETF (EEM) and Brazil ETF (EWZ) both find themselves at the top of a falling channel that has been in place since early 2008.  If you believe in trading the range, harvest right now.  If you would like to score on defense, this is an ideal entry point with a stop should [...]

Brazil looks beautiful….yet not so from a pattern perspective!

Trading the range in the Brazil ETF (EWZ) has worked well.  Currently EWZ finds itself up against very stiff resistance at the top of the falling range and this past Friday, on a micro basis, created a very ugly single day pattern. For aggressive investors, pick up the inverse Brazil ETF (BZQ) with a 4% [...]