I did not even realize I linda raschke forex factory this gem of an article posted in the resource on this website! Jay Kaeppel does fine, unique seasonal work.
I liked this research into the play between small and large cap stocks. No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation. Weekly yield chart shows potential for a major new leg up. New highs for the year are quite possible with this structure. The weekly wedge formation on the SP cash met its minimum downside objective of the weekly EMA. Linda Raschke or LBRGroup does not offer any memberships. From stocks to futures—access exclusive commentary, resources, and insight for traders from Linda Raschke in the archives of this website.
Behavioral Insight Occasional articles may be posted offering insight into behavioral habits. Past performance is not necessarily indicative of future results. There is a risk of loss in futures trading. What Does a Backtest Really Try to Do? Stock Market Recently Made A New All-Time High. Enter your email address and we’ll send you a free PDF of this post. Buy the first pullback after a new high.
Sell the first rally after a new low. Afternoon strength or weakness should have follow through the next day. The best trading reversals occur in the morning, not the afternoon. The larger the market gaps, the greater the odds of continuation and a trend. The way the market trades around the previous day’s high or low is a good indicator of the market’s technical strength or weakness. Look for the market to either test and reverse off these points, or push through and show signs of continuation. The last hour often tells the truth about how strong a trend truly is.
As long as a market is having consecutive strong closes, look for up-trend to continue. The up trend is most likely to end when there is a morning rally first, followed by a weak close. High volume on the close implies continuation the next morning in the direction of the last half-hour. In a strongly trending market, look for resumption of the trend in the last hour.