Profitable Ideas Each Market Day
LAST UPDATE:07/21/14 04:36 PM ET
Chip stocks looked strong in my weekend review, with Intel (INTC) leading its supply universe to higher ground. Despite that elite group, PHLX Semiconductor Index (SOX) is trading close to the same level it first stuck on June 17th.
NEW FEATURE (Version 1.2): Click Ticker For Large Charts.
Hover Over Ticker For Quick Charts.
Powered By: BigCharts.com
|Price moving against a strong trend rebounds sharply|
How Should You Trade The 7-Bells?
|High volume events print the future direction of price|
|Constricted price gives way to directional movement|
|Gap downs after strong rallies signal a trend change|
|Candles flag reversals in the next smaller time frame|
|Weak markets drop fast after rallying into resistance|
|Breakouts through a triple top signal major uptrends|
Morning Trader Archive Search
7-Bells are not stock picks! All site participants, please read: Important Advice on Trading Risk and Site Disclaimer
ON THE EDGE
The rinse job denotes a sudden dislocation within a trading range, in which price thrusts above or below support/resistance and then reverses, closing... More
TIPS & TECHNIQUES - Tape Reading
Charts can paint pretty pictures that trigger perfectly wrong signals, but the tape never lies. This goes back to the old admonition to trade what you see, not what you believe. Once you learn how to read the tape, it becomes harder to get fooled by the whipsaws that are tossing other traders around.
Start your Tuesday fresh with live market commentary, updates, and analysis from Corey as he delivers the Tuesday Morning Market Briefing with TradeSt... More
The stock market indices started the week off on a negative note. They had a strong drop early on, but held mid-morning, and then rallied strongly to... More
Hard Right Edge carries columns from 3rd party authors for the convenience of our readers. All site participants, please read: Important Advice on Trading Risk and Site Disclaimer