Thursday, December 20, 2012

DailyMarkets.com - ‪Economist On The Street: ‬US Data Deluge

DailyMarkets.com - ‪Economist On The Street: ‬US Data Deluge


‪Economist On The Street: ‬US Data Deluge

Posted: 20 Dec 2012 09:50 AM PST

12/20/12 Meridian Equity Partners’ Stephen Guilfoyle weighs in on the latest US economic data releases and the implications of Friday’s Quadruple … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Tips For Trading Rising Range Patterns

Posted: 20 Dec 2012 09:43 AM PST

The S&P 500 Index began trading in a Rising Range pattern as we turned the corner into December and so far has continued bouncing between the trendline boundaries of the pattern.
Let's take a moment to learn a key trading lesson from recognizing and trading this popular price pattern – the tip is to drop to the intraday frame and look for confirming signals that align with the bigger picture trendlines.
Here's the pure price pattern from late November to present:

The Rising Range … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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