After a few new highs and a lot of back and forth action this week, the markets showed some potential signs (see charts below) of setting up for a pullback to the daily 21 exponential moving average (EMA).     … Read more

  The markets have been running up, and as we’ve been sitting at all-time highs (ATH) it’s finally time for a pullback. Any time we approach the 2 to 3 average true range (ATR) Keltner Channel band, take this as … Read more

  With a largely anticipated earnings week coming up we are mainly looking at market sectors that affect the Dow Jones Industrial Average (YM). Pay attention to the rotation that could potentially happen as large banks like Wells Fargo and … Read more