CTB - Squeeze Play Breakout

One of the definitions of a stock that is being “squeezed” is when Bollinger Band range, which measures standard deviation around a simple moving average, falls within the Keltner Channel, which is a measure of average true range around an…

Volume Matters

In the first half of the month the SPY declined to a 50% retracement of the February low and the April high. The second half bounce that is underway recaptured the 50 dma and is threatening to make new highs….

NAZ - Volume Today?

NAZ futures are higher on the Facebook (FB) and Apple (AAPL) reports and should further the advance in the index. Volume, however, has not complimented the seven day rally. The graph at the bottom of the chart shows the percent…

UPS - Squeeze Breakout

Shares of United Parcel Service (UPS) have been squeezed within a narrow Bollinger band range for nearly two months, and today look like they are breaking out to the upside. The price momentum indicators and on balance volume are moving…

APPL - Trading Inside the Lines

Apple (AAPL) has been trading within a series of Fibonacci retracement lines for over a year. The 2012/2013 decline in the stock price ended in the area of a 50% retracement of the 2009 low and 2012 high, and the…

Broad Market Overview

A good way to get started here on the site is to present a baseline overview of the broader market using multiple timeframes. The monthly chart of the S&P 500 index shows a series of cycle highs and cycle lows….