DecisionPointJanuary 06, 2025 at 01:49 PM
In today's free DP Trading Room Carl and Erin discuss whether this market rally can get legs and push the market even higher? Mega-caps are looking very positive with the Magnificent Seven leading the charge. Technology is showing new strength along with Communication Services...Read More
DecisionPointJanuary 03, 2025 at 02:05 PM
We monitor the weekly SPY chart and present it to our subscribers every Friday in our DP Weekly Wrap. We have been watching a bearish rising wedge on the weekly chart. The rising wedge pattern implies that you will get a breakdown from the rising bottoms trendline...Read More
DecisionPointDecember 30, 2024 at 04:42 PM
It's an interesting market day with the market moving lower despite positive seasonality. Natural Gas (UNG) broke out in a big way up over 15% at the time of writing...Read More
DecisionPointDecember 23, 2024 at 01:58 PM
In today's free DecisionPoint Trading Room Carl discusses volume spikes and how we have to analyze big volume spikes carefully to determine whether they express a confirmation of a move or whether they are a special case and do not really provide insight...Read More
DecisionPointDecember 20, 2024 at 02:15 PM
Nearly all of our charts currently show deeply oversold conditions. While this is usually a good thing, in a market downturn, it isn't necessarily your friend. As you can guess, we believe that Wednesday's big decline was the beginning of something more serious...Read More
DecisionPointDecember 16, 2024 at 02:08 PM
Today Erin looks at the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart...Read More
DecisionPointDecember 13, 2024 at 04:34 PM
After the November pullback, GLD began to rally again. This week, on Wednesday, price exceeded the nearest November top, which made official the new rising trend from the November low...Read More
DecisionPointDecember 09, 2024 at 02:06 PM
Today Carl looks at the 26 indexes, sectors and groups in a CandleGlance to see how the indexes stack up. It is clear that all of the indexes are as good as they can get. Carl warns that when things are as good as they can get, the only place left to go is down...Read More
DecisionPointDecember 06, 2024 at 02:14 PM
Industrials (XLI) benefited greatly from the "Trump Trade", but fell back to digest the gap up rally. It rallied again, but failed after overcoming overhead resistance at the prior November top...Read More
DecisionPointDecember 02, 2024 at 01:53 PM
On Friday our short-term Swenlin Trading Oscillators (STOs) turned down even after a rally...Read More
