Author Archive

Jul
30

Two End-of-Month Seasonal Patterns to Remember

Posted by Rennie on Friday, July 30th, 2010 at 2:00 am

Heading into the final three days of July the S&P500 was up 8%. I initially ran some tests under the hypothesis that such unusual month-to-date strength would lead to…
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Jul
29

EOD Datasheet & Charts for July 29th, 2010

Posted by Rennie on Thursday, July 29th, 2010 at 9:48 pm

Datasheet for July 29th has been posted… http://MarketTells.com/eod-data-2/
End-of-day Charts updated through 7/29… http://MarketTells.com/eod-charts/
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Jul
28

Low Volume, Narrow Range Pullback

Posted by Rennie on Wednesday, July 28th, 2010 at 10:12 pm

NYSE TICK barely pierced the +1000 level on Wednesday, posting its lowest high in nearly two months. That brings to mind this early February column concerning instances when the NYSE TICK posted…
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Jul
28

SPX Falls 1% Intraday, New 20-day Lows Fail to Expand

Posted by Rennie on Wednesday, July 28th, 2010 at 3:54 pm

Interesting to note that with the S&P500 trading more than 0.5% below yesterday’s low, new 20-day lows remain at…
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Jul
28

Mixed Signs From This Candlestick Pattern

Posted by Rennie on Wednesday, July 28th, 2010 at 2:36 am

After three days of higher closes and white candlesticks (close > open), S&P futures posted a fourth consecutive higher close Tuesday but settled below the open. Looking back…
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Jul
27

Cluster of Lopsided Positive Breadth Sessions

Posted by Rennie on Tuesday, July 27th, 2010 at 12:47 pm

S&P futures have posted six consecutive higher highs as of today, a price pattern that typically leads to a lower S&P close 2-4 trading days later. That’s something to keep in mind, but…
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Jul
26

Cumulative Breadth Hits New All-time High

Posted by Rennie on Monday, July 26th, 2010 at 9:54 pm

The S&P traded above Friday’s high right at Monday’s open, triggering the short-term buy signal discussed over the weekend related to…
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Comments, data and trading signals herein are for informational purposes only and are not recommendations to buy or sell. All information presented is believed to be accurate but is not guaranteed.