Putting The Recent Market Volatility Into Perspective – On Mad Money With Jim Cramer

By | December 12, 2018

It’s always exciting to be featured on the “Off the Charts” segment of Mad Money on CNBC. Jim Cramer is a master at taking a dry two-dimensional topic like charting, and bringing it alive with his own insights and humor. On tonight’s show, Jim articulated perfectly the RightView Trading take on the broader market on… Read More »

Twitter Shares Poised For A Breakout – It Could Power A 25% Move Higher

By | December 12, 2018

Twitter (TWTR) shares rose nearly 100% in the first half of the year. Then they proceeded to retrace 45% of that gain before making their October low. Now the technicals are setting up for another possible jump in the stock price. In the first half of this year, Twitter traded in a range bound by… Read More »

Stock Charts Of Interest – Part Two

By | December 11, 2018

More charts at interesting points of technical reference. Watching their progression can be educational and provide rewarding trading opportunities. Activision Blizzard (ATVI) shares have lost 50% of their 2009 generational low to their all-time high this year. There have been several technical levels in the past where the stock would have been expected to hold,… Read More »

Shift In S&P 500 Seasonality – Santa Rally Has Left The Building

By | December 11, 2018

There has been an interesting shift in an old and treasured seasonality pattern. The fabled “Santa Claus” rally period has seemingly disappeared over the last five years. Take a look at these two seasonality charts. The first includes data from the 10 year period between 1999 and 2018. It shows the percent of months that… Read More »

The Market Indices Are 4% Above Support And 4% Below Resistance – These Are The Breakout and Breakdown Levels

By | December 6, 2018

Tuesday’s sell-off was in sharp contrast to the rally traders had enjoyed just 24 hours earlier. Monday market elation over what was initially thought to be a positive G-20 outcome, had evaporated overnight. On Tuesday morning it was clear that the specifics of the supposed trade truce were unclear. Markets started off the session lower… Read More »

The S&P 500 Chart – Base Breakout Or Another 100 Day Moving Average Rejection

By | December 4, 2018

The week started off with a bang. The Dow Jones Industrial Average was up 287.87 points, the S&P 500 Index jumped 30.20 points, and the NASDAQ Composite was higher by 110.98 points. Stocks saw a gap higher at the open on the G-20 news that President Trump and China’s President Xi had reached a compromise… Read More »

Volatility Opportunity – Potential Return To Strong Support Levels

By | December 3, 2018

We were neutral about the market going into this weekend. The G-20 outcome seemed, in our opinion, skewed to the risk rather than the reward side. As it has turned out, some compromise was reached and the futures market is implying a very strong open this morning. We will not be chasing this move. As… Read More »

This Pattern Has Marked The Last Three Highs On The Dow Chart – And It Is Forming Again

By | November 30, 2018

A particular bearish pattern has defined the last three highs on the Dow Jones Industrial average, and another may be forming again on the daily chart. The early October high was a turning point for the market. It ended the intermediate term uptrend off the July low, and has been followed by nearly two months… Read More »