studying stock market trends
February 25, 2014
Several studies are hinting they may roll over to the downside soon, but the discretionary/staples ratio is clearly bullish.
February 21, 2014
The SPY/TLT ratio has been bullish since 7 February. The ratio remains bullish, but is hinting of a potential turn down now.
February 20, 2014
The market is ambivalent about its trend. Bearish yesterday, bullish today. These things happen and we must deal with it.
February 19, 2014
Several studies turned bearish on the daily chart today, including the volatility study.
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.