One of the most effective ways to increase our odds of success is by focusing on assets that are not only trending higher on absolute terms but also outperforming their alternatives.
We're noticing many important cyclical groups beginning to transition to red, indicative of the lingering risk aversion impacting the U.S. markets right now.
A number of more defensive sectors, like Consumer Staples $XLP, Real Estate $XLRE, and Health Care $XLV are transitioning to green as U.S. markets sell off. This points to the growing risk aversion from...
We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to...
A simple moving average is a lagging indicator that technicians use to help with the trend recognition process. It smooths out the erratic day-to-day action and shows us the mean price over a stated period.
