Category Archives: Indices

This Pattern Has Marked Highs In The Russell 2000 Since October 2018 — Another Just Formed

All the significant highs that were made on the Russell 2000 (RUT) chart, going back to October 2018 have been signaled by an eveningstar candle pattern. Most readers know what a candlestick pattern is and what it suggests about trader sentiment. The eveningstar is a three day reversal pattern that starts with a large up-day… Read More »

Market Revisits The November/December Highs: Supply And Demand Battle To Begin

The major market indices are back to where they were before the alarming December decline and the euphoric December rally. It is important to understand what this means from a supply and demand perspective. Those traders who held long positions through this four month roller coaster ride may be very happy to have recovered their… Read More »