Because these scanners utilize real-time market data they are not free. However, they are the tools I use daily in my own trading and I encourage active traders to use the same, or something similar. If you’re looking for free scanners to find bull flag patterns you can check out ...
Below is a 2-year daily chart for the SPX which just shows its 2016 uptrend channel. On many of the stock market indexes the 200 day moving average does a good job of showing you the angle of the uptrend channel. Perspective is everything when you discover what may be an important char...
TheMarket Pulse inside The Big Picturehelps you manage risk in the stock market by providing a tiered approach to market timing. You'll find these features on theMarket Trendpage. Stock market trends typically do not change overnight. Certain signals build over time, eventually causing the index...
vertical price increase on a chart, followed by aconsolidation phasethat forms the flag. This pattern suggests trend continuation, as the price patterns reflect market psychology and investor optimism. I like to see a 15% jump in price during the flag pole formation. ...
Explanation of Bull Trap Chart Pattern The market price is moving upward, after which the resistance level is reached, the price further breaks out, and then it continues to move in the same direction. Traders reach a breakout, jump places, buy orders, and price surge. ...
Secular Bull Market – S&P 500 Weekly Chart with the 40-Week MA and 200-Week MA The S&P 500 has reached the 5600s target based on the bullish cup and handle pattern that formed in 2022-2023. The early-2024 breakout to new all-time highs projects further upside potential to the 6150 le...
On the chart below, we can see a further close-up into the years 1949 – 1956 trend. It highlights where a bull market ends, and a bear market starts. Dow Industrials Weekly Chart. Source: StockCharts.com 2. Ronald Reagan’s tax cut boom – 1982 to 1987 (60 months) ...
Bears are the opposite of bulls; they believe that the general direction of prices in the market trends toward a decline. A bullish investor can fall prey to a bull trap, when they believe a sudden increase in the value of a particular security is the beginning of a trend, resulting in ...
Although bears can certainly make the case to sell due to the so-called double top, it's also entirely possible that the charts are signaling a long march higher. That is, there are patterns forming which suggest the market may be about to break out of a range in which it's been trap...
This week on Trader Tales with IBD, expert trader and O'Neil protege David Ryan is letting you in on his bear market checklist and how he's preparing for the next bull market. Avoid getting caught flat-footed and beat the bear market blues by utilizing these tips and tools to ...