Top Advisors Corner

April 2020

Top Advisors Corner

The Ord Oracle April 28, 2020

by Tim Ord

SPX Monitoring purposes: Neutral Monitoring purposes GOLD: Long GDX on 4/9/20 at 28.96 Long Term Trend SPX monitor purposes: Flat We are back at the previous high again today and volume is still lacking, a bearish sign... Read More 

Top Advisors Corner

At the Edge of Chaos: Bulls Still Have Hope, But Caution is Warranted

by Joe Duarte

I remain hopeful and continue to play the long side of the market, albeit more cautiously than I was a month ago... Read More 

Top Advisors Corner

VIX Open Interest Still Lagging Price Rebound

by Tom McClellan

The S&P 500 has already gained back half of the COVID Crash. But, thus far, the total open interest in VIX futures is still at a very low level, indicating that traders are not yet interested in speculating there... Read More 

Top Advisors Corner

S&P 500 AB=CD Gartley Sell Pattern Part II

by Leslie Jouflas

Please reference the first part of this article titled, "Potential AB=CD Sell Pattern SP 500 Emini Index", originally posted April 14, 2020 on StockCharts.com... Read More 

Top Advisors Corner

The Ord Oracle April 21, 2020

by Tim Ord

SPX Monitoring purposes; Short SPX on 4/21/20 at 2736.56 Monitoring purposes GOLD: Long GDX on 4/9/20 at 28.96 Long Term Trend SPX monitor purposes: Flat We were thinking at one point that Friday's high could be tested... Read More 

Top Advisors Corner

Corn Market Part III: Updated Chart and Patterns

by Leslie Jouflas

Please refer to these two articles titled: 1. "Is it Time to Look at Corn Futures and Related ETFs?" posted on StockCharts.com April 2, 2020 2. "Corn Market Part II: Updated Chart and Pattern" posted on StockCharts... Read More 

Top Advisors Corner

At the Edge of Chaos: Liquidity Pushes MEL Toward Post New Normal Emergence

by Joe Duarte

I am trading this rally on the long side for two reasons: first, it is folly to fight the Fed, and second, it is equally foolish to fight the market's momentum until proven otherwise... Read More 

Top Advisors Corner

Corn Market Part II: Updated Chart and Pattern

by Leslie Jouflas

On April 2, 2020 an article I wrote, titled "Is it Time To Look At Corn Futures and Related ETFs?", was posted on StockCharts.com. Please refer to that article for a full view of this update... Read More 

Top Advisors Corner

Crude Oil: Potential Setups, A Look Back to 1986 and Where Price is Now

by Leslie Jouflas

Crude Oil has had a spectacular move to the downside. Looking back decades to 1986 on a price chart, we have a fascinating study of where the important levels of support and resistance have been formed... Read More 

Top Advisors Corner

The Ord Oracle April 14, 2020

by Tim Ord

SPX Monitoring purposes: Sold SPX on 3/26/20 at 2630.07= gain 17.55%; Long SPX on 3/23/20 at 2237.40 Monitoring purposes GOLD: Long GDX on 4/9/20 at 28.96. Long Term Trend SPX monitor purposes: Flat On Friday, the TRIN closed at 1.65; today, it closed at 1.64... Read More 

Top Advisors Corner

Potential AB=CD Gartley Sell Pattern in S&P 500 Emini Index

by Leslie Jouflas

On March 24th, 2020, I wrote an article posted on StockCharts.com titled "Indexes Showing Signs Of Momentum Shifts Pointing Towards Rally". Please feel free to look up that article... Read More 

Top Advisors Corner

At the Edge of Chaos: Short-Term All-Clear Appears, But It's Still All About Liquidity

by Joe Duarte

The market, as I thought might happen, has given the bulls a short-term all-clear signal, which means that, until proven otherwise, the bulk of any trading strategies should be geared to the long side... Read More 

Top Advisors Corner

Don't Tug on Superman's Cape

by Tom McClellan

You can put aside your fancy chart patterns and your in-depth fundamental analyses. The Fed is now in charge of everything, and the Fed is buying. As the late Martin Zweig advised, "Don't fight the Fed... Read More 

Top Advisors Corner

How Sustainable is this Rally?

by John Kosar

Introduction In my March 25th article for StockCharts, entitled US Stocks: How Low Can You Go?, I pointed out that extremes in price momentum and volatility were characteristic of emerging intermediate-term market bottoms... Read More 

Top Advisors Corner

The Ord Oracle April 7, 2020

by Tim Ord

SPX Monitoring purposes: Sold SPX on 3/26/20 at 2630.07= gain 17.55%; Long SPX on 3/23/20 at 2237.40 Monitoring purposes GOLD: Flat Long Term Trend SPX monitor purposes: Flat Today the SPY gapped up over 3%, then fell back, closing near-unchanged from yesterday... Read More 

Top Advisors Corner

Canadian Food Stores Break Out!

by Aleksandar Bozic

Hello fellow StockCharts users. For the first time in a few weeks, my Canadian Long Scan started yielding results. This morning (Monday April 6, 2020), the Canadian Food Store stocks all appeared on the scan... Read More 

Top Advisors Corner

At the Edge of Chaos: Be Prepared - Big Move in Stocks is Near

by Joe Duarte

The stock market is signaling that a big move is coming. And, although there is no guarantee, it could certainly be an upside breakout. So, if the all-clear does appear, investors should prepare to buy stocks... Read More 

Top Advisors Corner

Sudden Surge in Bearishness

by Tom McClellan

The past 3 weeks have seen a huge surge in the bearish percentage among the investment advisors and newsletter writers in the Investors Intelligence survey... Read More 

Top Advisors Corner

Is it Time to Look at Corn Futures and Related ETFs?

by Leslie Jouflas

In this article, we are going to look at a few potential early turning signs in the corn futures market, which has been in a downtrend and large range since 2012. We will also look at an ETF related to the corn futures market... Read More 

Top Advisors Corner

The Ord Oracle March 31, 2020

by Tim Ord

The middle window is the SPY/VIX ratio. When this ratio is rising, it's usually a bullish condition for the SPY. SPY has retraced 38.2% of the crash decline and has stalled at this level the last four days, building "Cause" for the next move... Read More