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Is the Weekly Uptrend Over?

Is the Weekly Uptrend Over?

3 years ago 2 min read
Eventually there will be a relief rally, however if it's not in the next couple of days (which seems unlikely) the latest bar of the weekly chart will close below the
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By: Local Optima
Another day, Another Sell-Off

Another day, Another Sell-Off

3 years ago 2 min read
Today is a significant day in the Markets from the Technical Analysis perspective. The possibility that the weekly uptrend gets damaged or broken is now very real. If we take that the weekly
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By: Local Optima
An Affordable Alternative to Excel for Traders

An Affordable Alternative to Excel for Traders

3 years ago 5 min read Specific Subject
Excel is sometimes the strongest enemy other software can have. It's use is widespread, easy to learn and once you learn to use it provides a lot of freedom. There are
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By: Local Optima
Weekly Long Legged Doji Candle

Weekly Long Legged Doji Candle

3 years ago 6 min read
We are about to start an abbreviated trading week, on Monday the USA Markets will be closed in observance of Martin Luther King Jr. Day. Since the beginning of Nov/2021 the S&
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By: Local Optima
S&P Hitting a Resistance Again

S&P Hitting a Resistance Again

3 years ago 2 min read
Usually I begin my posts from Monday to Thursday with a 39-min chart describing my point of view about the Market action of the day. Today I think it's more illustrative
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By: Local Optima
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