» Technical Analysis

Even though the Dow was down a whopping 6 points today and the equity market showed a lot of resilience rebounding off session lows there is more to the story. Biggest news today is that of US Treasuries which continue breaking out to all time highs across the entire yield curve. Additionally the en...

Trading using technical indicators — such as the MACD, for example — can do one of two things: help you or hurt you.  Technical indicators are those fancy computerized studies that you frequently see at the bottom of price charts that are supposed to tell you what the market is going to...

One of Thursday’s stories on CNBC.com had to do with some pros getting out of stocks because sentiment is becoming too bullish. Bullish sentiment can be a sign that an important market top could be lurking just around the corner, so let’s look at one of our sentiment charts to see how bu...

Everything is perfectly balanced right now. Resistance is all being tested across pretty much every asset class. There is really no need to add any commentary today but rather show what I mean by a lot of charts. Something is going to give and that day is literally here. You can’t get any closer t...

That was a nice reversal day in the equity market. More so in the futures market where Russell and Mid Cap futures reversed 2% and 1.5% respectively off the session highs into session lows while the ES closed 13 handles off the session high (4PM close, not the 4:15PM). There are a number of chart pa...

About 5 months ago, Decision Point added a brief Daily Chart Spotlight to its facebook page and StockTwits tweets. They are a brief review of a stock or ETF chart that has just posted a PMO (Price Momentum Oscillator) BUY or SELL signal on one of our Daily Tracker Reports on our website.  If one c...

A somewhat interesting day today with USD down and EUR up nearly 1% on the session and for the most part markets were flat. You would have expected a much larger move. Yet another sign of tired equity markets as they try to break above resistance within an ascending wedge pattern. Treasury and USD s...

As we all know, the key to successful investing is very simple: “Buy low, sell high.” However, you enter a chaotic, fun-house world of uncertainty once you ponder the logical follow-up question: “When?” The $OEXA200R (the percentage of S&P 100 stocks above their 200 DMA...

It’s a new year, and there are new high hopes for the stock market, as you can see in this December 21, 2011 headline from USA Today: Strategists predict a glowing 2012 The article notes that a “quick survey of New Year’s prognostications from investment strategists suggests stoc...

Although originally published in 2004, the valuable series has been re-released in the Independent Investor eBook, along with over 100 pages of other reports that challenge conventional economic thinking. The following series is excerpted from two classic issues of Robert Prechter’s Elliott W...

One of the most important elements of entering a longer term trade is understanding why you are doing such. Price will go higher or lower alone is not sufficient. You need to understand the basis for such movement in price. That way as the trade evolves you can begin to understand if your thesis is ...

Although originally published in 2004, the valuable series has been re-released in the Independent Investor eBook, along with over 100 pages of other reports that challenge conventional economic thinking.  The following series is excerpted from two classic issues of Robert Prechter’s Elliott...