studying stock market trends
March 14, 2014
The volatility study is accelerating below its moving average, suggesting a meaningful bearish trend is underway. I re-established bearish positions today.
March 12, 2014
The volatility study remains bearish, but looks as if it could flip to a bullish signal on Thursday. I closed my bearish positions today and must reenter if shares continue down.
March 11, 2014
Shares fell sharply, with bearish signals becoming more pronounced. The discretionary/staples ratio is decidedly bearish now. I bought puts in the morning.
March 10, 2014
The volatility study remains bearish, but today’s candle is not promising of immediate downside action.
March 7, 2014
The volatility study turned bearish today. Another bearish day on Monday might be enough to convince me to adopt a bearish outlook.
Financial markets are predictable because segments of price action fit together in a limited number of patterns that are not random. Markets are unpredictable too because there is enough variability in the patterns to hide the trend at some stages of development. I am fascinated by the market and spend a lot of time working to identify price trends so I can exploit them for profit.