Tag: indexes

Advanced Trading Applications of Candlestick Charting

Posted on by The INO.com Team

Candlesticks; used by many...truly understood by few. As a special treat to Trader's Blog readers, Gary Wagner is offering you an in-depth look into candlestick charting. Join the co-founder of Wagner Financial Group and acclaimed author as he walks you through set ups that can your take your candlestick charting to a new level.

In this video workshop you'll discover the crucial chart patterns that candlesticks reveal - how to interpret them and how to use them to pinpoint market turns. You'll also learn how to use candlesticks in combination with familiar technical indicators like Stochastics, %R, Relative Strength Index and Moving Averages to create a dynamic, synergistic and extremely successful trading system.

WATCH NOW: Advanced Trading Applications of Candlestick Charting

Best,
The INOTV Team

Morning Index Commentary

Posted on by The INO.com Team

The September NASDAQ 100 was higher overnight as it extends the rally off June's low. Stock-index futures rallied for the fourth time in five days, on mounting optimism that this week's meetings among euro-area leaders will lead to progress in resolving Europe's debt crisis. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off July's low, psychological resistance crossing at 2800.00 is the next upside target. Continue reading "Morning Index Commentary" →

Monday Morning Index Commentary

Posted on by The INO.com Team

The September NASDAQ 100 closed sharply higher on Friday as it extended the rebound off Wednesday's low. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and
the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends today's rally, the reaction high crossing at 2658.00 is the next upside target. Closes below would confirm that a trend change has taken place while opening the door for sideways to lower prices near-term. First resistance is the reaction high crossing at 2658.00. Continue reading "Monday Morning Index Commentary" →

Friday Evening Commentary for the Indexes

Posted on by The INO.com Team

The September NASDAQ 100 closed sharply lower on Friday as it consolidated some of the rally off last week's low. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. Continue reading "Friday Evening Commentary for the Indexes" →

Morning Commentary for the Indexes

Posted on by The INO.com Team

The September NASDAQ 100 closed higher on Thursday as it extends the rally off June's low. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off June's low, gap resistance crossing at 2686.50 is the next upside target. Closes below the 20-day moving average crossing at 2569.02 would confirm that a short-term top has been posted. First resistance is today's high crossing at 2655.75. Second resistance is gap resistance crossing at 2686.50. First support is the 20-day moving average crossing at 2569.02. Second support is last Thursday's low crossing at 2503.50. Continue reading "Morning Commentary for the Indexes" →