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Second Failure of 50 Day Moving Average, Possible Shorting Opportunity

Second Failure of 50 Day Moving Average, Possible Shorting Opportunity

Get a FREE 30-Day Trial of my Members-Only Premium Stock Analysis Service NOW!There are key points and days to consider heavily when following markets and deciding which direction to play. …

Three Failed Attempts to Regain 200 Day Moving Average, Buyers Beware!

Three Failed Attempts to Regain 200 Day Moving Average, Buyers Beware!

In baseball if you swing and miss three times then you are out.  On a chart if you see three failed attempts to break resistance…get out or short. Each time…

Transportation Average Falls Below 200 Day Moving Average, Confirms Bear Trend

Transportation Average Falls Below 200 Day Moving Average, Confirms Bear Trend

On May 28th I wrote to subscribers to monitor the Dow Jones Transportation Average for failure at the 50 day or a break below the 200 day moving average.  If…