The rising wedge pattern for many technical analysts is an ominous pattern. We are currently spotting this pattern across the universe of stocks and other asset classes. Let’s take a closer look. Watch the video now.
8 Comments
Keith Bobo
on 02/05/2019 at 10:25 am
Does your market rover follow stocks that may not be in some of the sector etf’s and I noticed last night that it looked like you had buy and sell indicators on your charts. Can you get that on all charts for all stocks?
The Market Rover has a defined universe of stocks, which is expanding each month. Yes it does include stocks in non sector specific ETFs and we are always open to receive requests for new tickers to be added. Yes buy and sell signals come on all charts.
Couldn’t agree more; HOWEVER, based on other things as well I think we will see a slight down move into June 1 + or – a week or so. Many indexes and stocks will probably break below the wedge then rally again to the bottom or even a little higher this summer to a new high in the area of 27,500 to 28,100 on the Dow. Then this fall all heck breaks lose and we see the beginnings of a BIG down move that should take at least 50% or more off the Dow.
Is there a trial period cost for the market rover? And then on the assumption I find it useful, what is the cost for access to the market rover on an longer term basis?
Does your market rover follow stocks that may not be in some of the sector etf’s and I noticed last night that it looked like you had buy and sell indicators on your charts. Can you get that on all charts for all stocks?
The Market Rover has a defined universe of stocks, which is expanding each month. Yes it does include stocks in non sector specific ETFs and we are always open to receive requests for new tickers to be added. Yes buy and sell signals come on all charts.
Couldn’t agree more; HOWEVER, based on other things as well I think we will see a slight down move into June 1 + or – a week or so. Many indexes and stocks will probably break below the wedge then rally again to the bottom or even a little higher this summer to a new high in the area of 27,500 to 28,100 on the Dow. Then this fall all heck breaks lose and we see the beginnings of a BIG down move that should take at least 50% or more off the Dow.
interesting. Bill Hendrick
you have 3 moving avg lines. what are the settings?
50, 100 and 200 day simple moving averages
Is there a trial period cost for the market rover? And then on the assumption I find it useful, what is the cost for access to the market rover on an longer term basis?
You can try it for $497 for the first 3 months. If you like it you can either continue at said quarterly price or get 50% off by paying $997 annual.