Chart Reading

The Odds that the Stock Market Will Make a V-shaped Recovery

This is a Guest Post by Troy Bombardia of BullMarkets.co. Market outlook: is this a V-shaped recovery? The stock market bounced this week after it tanked last week on trade war news. Is the stock market making a V-shaped recovery? Probably not. Technicals (short term, next 1-3 months): mixed. If I had to assign a probability to a […]

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The Probability that the Stock Market Selloff is Over

This is a Guest Post by Troy Bombardia of BullMarkets.co. Last week we explained why the market’s short term outlook is bearish. The stock market is now making a pullback, and trade war news isn’t helping bulls. Over the past year, tariff-related news has not been good for stocks in the short term. Technicals (short term, next 1-3

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The Trendlines and Fibonacci Levels to Watch Next Week

This is a Guest Post by Jake @TrendSpider.  In this weekend’s analysis, we take a look at the broad market ETF daily Raindrop Charts (TM) and weekly hollow candles into the first full week of August and compare how the crypto weekly charts are looking. To learn more about Raindrop charts and the platform in general,

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Will the Stock Market Continue to Climb the Wall of Worry?

This is a Guest Post by Troy Bombardia of BullMarkets.co. Market outlook: is the stock market climbing a wall of worries? The stock market has rallied significantly over the past 6 months. Yet every single day we are bombarded with more things to “worry about”. Macro worries, trade worries, yield curve worries, etc. While there

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How Stocks Can Go Up When We’re Headed Towards a Recession

This is a Guest Post by Troy Bombardia of BullMarkets.co. Market outlook: how can stocks go up when we’re headed towards a recession? The common assumption is that bonds are screaming RECESSION right now, while the stock market refuses to hear it. This isn’t entirely true. While the stock market’s long term risk:reward is certainly

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Why the Next 1-3 Months Risk/Reward Ratio is Turning Bullish

This is a Guest Post by Troy Bombardia of BullMarkets.co. Market outlook: the next 1-3 months are starting to turn bullish Outlook summary: the stock market’s chart “looks terrible”, because it looks like the April high was a false breakout. In reality, it’s perfectly normal for the stock market to make a pullack/correction after making

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