Analysis of the S&P 500 index as well as some Sector charts and a few stocks. 'Spike and Ledge' formation is introduced as an example of what can take place after a climax low.
Joe Rabil is dedicated to providing unbiased analysis of stocks and markets. Helping investors use time-tested bottom-up technical analysis
The Technical Analysis that he teaches uses simple momentum indicators like the MACD and ADX to analyse and predict trends or trend changes using divergence and overbought/oversold readings. Joe is a recognized expert on Trend, Trend Momentum, and Multiple Time Frame Analysis.
He displays the analysis in an easy to understand way, even for beginner stock trading.
The videos help with:
-Understanding how to use multiple time frame analysis
– Learning simple technical Analysis
– Effective chart patterns
-Tools for improving timing and reducing risk using multiple time frames
– Measuring trade targets
– Identifying good stops for trades
And most importantly trying to give the right mindset to trade efficiently.
I feel like the current market action. I don’t want long or short until I see some high volume direction.
Looking at the indices like SPY, I can see what you mean. However, as I have mentioned in a number of videos over the past month or two, there are some individual stocks making tremendous moves to the upside. I think if you have a process that generates good ideas that you can implement with low risk then I would follow it.
it’s all too manipulated these days and you can no longer trade it.
follow the trend
it did.