Downtrend Archives - Page 27 of 45 - ONE-TWENTY TWO: Trading Financial Markets

U.S. Dollar Weakness Dominating the Canadian Dollar Trade

January 31, 2017 by Dr. Duru

The U.S. dollar index (DXY0) has started 2017 on a notable losing streak. The index’s clean close today below 100 is the latest confirmation of that weakness. The U.S. dollar index continued its dribbling down the lower part of Bollinger Bands (BBs) that define the current downtrend. Source: StockCharts.com This extension of weakness has complicated … Read more

T2108 Update (January 20, 2017) – Looking Past the S&P 500’s Post-Inauguration Yawn

January 21, 2017January 21, 2017 by Dr. Duru

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more

U.S. Dollar Weakness Dominating the Canadian Dollar Trade

T2108 Update (January 20, 2017) – Looking Past the S&P 500’s Post-Inauguration Yawn

T2108 Update (December 30, 2016) – From a Roar to Caution: The S&P 500 Tentatively Steps Toward 2017

T2108 Update (November 7, 2016) – Almost As Bullish As A Relief Rally Can Get

T2108 Update (November 1, 2016) – Divergences Confirmed: Stock Market Sags to the Edge of Oversold