tag:blogger.com,1999:blog-221236802009-11-20T16:20:00.229-05:00WALL STREET IS FULL OF SHEEP....BE THE WOLF!BrandtBT24_7@yahoo.comBlogger1139125tag:blogger.com,1999:blog-22123680.post-34007148820938397932009-11-17T21:28:00.003-05:002009-11-17T21:35:36.401-05:00

For my students and readers, if you want FREE REAL TIME STOCK CHARTS with NO DELAY, NO SIGNUP and NO COST check out FREESTOCKCHARTS.com by Worden When you are ready to step up and start scanning, writing custom indicators and backtesting strategies, checkout TeleChart and StockFinder also by Worden. I'm an affiliate for them so please use my links and let them know that you hear about them

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-15687744824161566342009-11-16T22:55:00.000-05:002009-11-16T22:55:53.825-05:00

Today was an exceptionally strong day in the market in many respects. However, for a few months I've been watching a very bullish pattern emerge in the US dollar. This strength or strong chart implying bullish moves in the near future didn't make a lot of sense considering the spending in Washington. You may remember that George Bush pursued a weak dollar policy, thus stocks rallied as money

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-31637515242815095492009-11-13T17:32:00.001-05:002009-11-13T17:33:41.203-05:00

Here's the stats-Dow 30 had 19 stocks with Close Up and Volume Down (CU/VD)-nearly 3:1 over Close Down and Volume Down (CD/VD). The NASDAQ 100 61 stocks CU/VD 4:1 over CU/VU. S&P-500 299 stocks CU/VD better than 3:1 over CU/VU All in all, price volume relationships were overwhelmingly bearish. The Dow-30, QQQQ, IWM, SPY MDY, IJR, and DJ-20 all closed up on lighter volume and none more than 1%

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-52908698534690630032009-11-13T09:37:00.000-05:002009-11-13T09:37:42.325-05:00

Today we are going to see a higher open and we could see that on the 3C 1 & 5-minute charts from yesterday afternoon, plus the descending wedge apparent in the QQQQ intraday. Will it retrace the base? If so, then the Q's could run to somewhere near yesterday's highs. We'll have to see what 3C does, but all in all, keep watching UUP which trades inversely to the market, a breakout move there

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-41465974736626977982009-11-11T19:10:00.000-05:002009-11-11T19:10:30.882-05:00

Look at the dollar's decline compared to the market's rally. There's no question that an inverse relationship exists. We saw it Monday on a "risk rally". We have begun trading our system for an eventual fund, oil and gold are two things I've stayed away from for the sole reason of the bullish stance of the US Dollar. It doesn't make a lot of sense at first thought, but in any case, I'm not going

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-41028056809439836532009-11-11T18:37:00.000-05:002009-11-11T18:37:26.529-05:00

For most of today the major indexes traded within a range, most formed Doji's or Stars (a typical reversal sign). Most of the market had a Price /Volume relationship with Price Up and Volume Down (bearish) just edging out Price Up/Volume Up (Bullish) except in the case of the NASDAQ 100 where an overwhelming majority closed price up and volume down (bearish) by a margin of nearly 2:1 the Russell

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-46360877286658523352009-11-11T10:02:00.000-05:002009-11-11T10:02:28.810-05:00

While smaller than a year ago, investors still hammered the stock this morning with a significant gap lower to the 50 day moving average on huge volume. The 3C charts that follow will demonstrate that through various configurations of the indicator and various timeframes, there were negative divergences or distribution present in all. So you think smart money isn't aware of the news before hand?

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-21194730055553573902009-11-11T09:33:00.000-05:002009-11-11T09:33:17.016-05:00

It looks like we'll see an open higher this am as investors continue to feel that lower interest rates will stay in effect for some time. Macy's reported somewhat good news, but it wasn't enough for the market and the stock sold off. Consumer spending accounts for about 70% of economic activity in the US and spending remains cautious with an unemployment rate officially at 10.2% (we know it's

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-21706443509372446152009-11-10T09:23:00.001-05:002009-11-10T10:04:43.391-05:00

Yseterday's afternoon post shpwed several charts of the SPY showing distribution into the close. This a.m. it looks like we'll open lower. I''ve posted several charts showing hHead and Shoulders Top patterns in the SP-500 and the QQQQ, but they're in a lot of the indicies including the Russell 2k, Dow 20 Transports, The NASDAQ Compositie, the S&P Mid-Cap 400, S&P Small Cap 600, the Utilities, XLF

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-19322076502760286112009-11-09T14:44:00.000-05:002009-11-09T14:44:51.201-05:00

This rally is going to be a defining moment. Since the break of the 50 day moving average, this market has been on a declining volume rally. We have a possible head and shoulders pattern in place, depending on the close over the next day or two. Here's a few charts to look over. Take a look at volume, BOP, TSV, and 3C

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-45829744564511386792009-11-05T11:41:00.000-05:002009-11-05T11:41:05.580-05:00

Below you'll see a series of 3C charts of UNG in various different timeframes. The bottom line is the stock is looking bullish. There's a triangle with confirming volume that I suspect may be acting as a bottom. Also the two green spikes on chart #8 (last chart) are 2-day Demark buy signals. I suspect we may be seeing a bottoming process and being so close to the support line of the triangle, it

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-22680983446240449642009-11-05T10:14:00.000-05:002009-11-05T10:14:49.679-05:00

In my last post from yesterday I featured a couple of 1 minute charts of the SPY and IWM taken around 11 am. Based on those charts, it was very easy to see that the gap up in on the open had no support and it was reasonable to assume a close lower, even though at the time price had been heading higher. Well by the end of the day price did close lower. Being the market has only been open for about

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-80036265708512828602009-11-04T15:49:00.000-05:002009-11-04T15:49:12.445-05:00

In a recent post from this week, I wrote and posted charts that all suggested that the market in general was heading for a bounce attempt. We are seeing that attempt now so I'm going to post some charts that may help you more clearly understand where we stand. Don't forget to read my last post on market breadth (which is in very bad shape). The first chart above is my 3C indicator on the SPY (

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-87961899108521052952009-11-04T14:49:00.000-05:002009-11-04T14:49:27.724-05:00

There are a lot of ways to judge a market's breadth and it is important that you do so. While rising price is what pays, as they say "The most bullish thing a stock can do is go up", you'd be well advised to check on the vitality of the rally for perspective. One of the problems I've seen with this rally, which I have referred to as a "Bear Market Rally" is the fact that the rising trend has

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-18066332802590348762009-11-03T11:56:00.000-05:002009-11-03T11:56:05.426-05:00

Did I catch this one? No. Did 3C? Yes. The first chart is a daily 3C chart of HGSI. 3C is my own indicator that I created for use to track accumulation, distribution or confirmation by way of divergences like most indicators and did so with Worden's software (click the link) Why does it work so well? I'm not sure exactly, but is has elements of a Worden proprietary indicator, TSV included in

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-13648071139693669472009-11-03T11:06:00.000-05:002009-11-03T11:06:13.756-05:00

Well GLD is making a new all time high for the symbol right now and this would seem to make perfect sense. Common sense would suggest that the dollar is ready to go through another round of severe debasing as the government spends it's way into oblivion, however, there's the problem of the chart I posted last night of the USD Index, which happens to be forming a large Descending Wedge. Price has

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-65055555591679438992009-11-03T10:48:00.000-05:002009-11-03T10:48:07.905-05:00

Here's a quick free video from Adam on the S&P. You already know my opinion......

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-13674415757084222612009-11-02T19:15:00.000-05:002009-11-02T19:15:56.742-05:00

I have been and remain a believer in the idea that what we have witnessed in the market since March is one of the best examples of a Bear Market Rally. Now it appears as if this rally may be headed for something different-lateral? Downtrend? I'm guessing downtrend. Most of the major indicies have broken below their 50 day moving averages on increasing volume, whereas this rally has been a rally

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-44207338840597294782009-10-26T12:30:00.000-04:002009-10-26T12:30:16.483-04:00

This is a video from Adam, not mine, but I have a lot of respect for his opinion and he's right-the CRB Index is an indicator the government can not ignore. Watch this free Video by Clicking on this link and see how this may affect your portfolio and what opportunities might be presented. If you are from my class, (which was a fantastic class Thursday night, everyone was very engaged and I'm

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-47430295352664608522009-10-21T13:10:00.000-04:002009-10-21T13:10:19.087-04:00

You may want to check this free video out, the NASDAQ may have a profound effect on your portfolio, plus you'll learn a bit about candlestick charting and Fibonacci retracements.

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-45947216003829333432009-10-17T10:55:00.000-04:002009-10-17T10:55:42.272-04:00

People seem to like this video so here it is again-remember-you can change the conditions to look for longs. Check out the links to Stockfinder and TeleChart on the left side of the site.

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-42134003317785712002009-10-13T15:47:00.003-04:002009-10-13T15:52:59.872-04:00

Here's the link, for a few weeks the site is completely open so enjoy it while you can.http://tradeguildsystemstrade.blogspot.com/All trades signals are based on my Trading System. Feel free to email me with any questions.

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-49332626938497793812009-10-12T23:43:00.002-04:002009-10-12T23:50:39.777-04:00

There's no doubt, today was not a good day for the bulls. The price volume relationships were very negative-right where a key level has emerged. I doubt the end of this week will see the indices move up much higher. 3C looks totally consistent with everything we are seeing in the market. For me, it's time to wrap up the longs and start slipping into the shorts. I'll let you know when we get a

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-14963191040280072962009-10-11T17:01:00.001-04:002009-10-11T17:02:44.637-04:00

Just look for BT24_7 and you'll receive automatic updates via twitter

BrandtBT24_7@yahoo.com0tag:blogger.com,1999:blog-22123680.post-1523505756911497672009-10-11T13:46:00.004-04:002009-10-11T15:26:06.418-04:00

Is the Dollar about to bounce?Here are some Videos from Adam you may be interested in. I watch his videos only after finishing mine, so his analysis may contrast with mine:CrudeFuturesStock">ForexGold(copy and paste this link or make into a text link)">An alternative to Gold

BrandtBT24_7@yahoo.com0