"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 1 hour The Calm Before The Storm In Tech Stocks
  • 3 hours Japan Scrambles To Dodge Trump’s Trade War
  • 18 hours Big Banks Double Down On Crypto Ambitions
  • 19 hours Investor Debt Outpaces S&P 500 Growth
  • 20 hours Will Bitcoin Ever Dethrone Gold?
  • 21 hours China's Orwellian Social Media Machine
  • 22 hours What Sparked Russia’s Gold Buying Spree?
  • 1 day The War For "White Petroleum"
  • 1 day Stock Market Bulls Are Running Out Of Steam
  • 1 day Crypto Stocks Poised To Bounce Back
  • 2 days The Five Biggest Bubbles In Stock Market History
  • 2 days Was Finland’s Universal Basic Income Program A Failure?
  • 2 days China Goes Long On Gold
  • 2 days Is It Wise To Trade The Trump Effect?
  • 2 days The Tech That Telecom Giants Fear Most
  • 2 days China’s EV Industry Is Booming
  • 2 days How Will Gold React As North Korean Tensions Cool?
  • 2 days Is This The Biggest Mining Opportunity Of 2018?
  • 3 days China’s $33 Trillion Finance Industry Opens To Foreign Investment
  • 3 days Is Bitcoin Cash Overbought?
Is It Wise To Trade The Trump Effect?

Is It Wise To Trade The Trump Effect?

President Donald Trump has an…

Is This The Death Of The iPhone X?

Is This The Death Of The iPhone X?

Apple’s stock has slipped more…

Stock Market Bulls Are Running Out Of Steam

Stock Market Bulls Are Running Out Of Steam

Despite a recent correction in…

Marty Chenard

Marty Chenard

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he…

More Info

Ribbon Charts Are Often Very Helpful

Last week, we showed a Ribbon Chart for the NYA Index (NYSE Index). As seen in Chart 1 (posted last week), it was up trending last Tuesday. What happened since then, and is there a Breakout Indicator for this chart? Please see Chart 2 ....

NYA Index

Chart 2: This is the same chart as above, except is was updated as of 10:28 AM this morning. Another feature of this chart is the Breakout Direction Indicator for when the Ribbon chart show's convergence. This chart is pretty self explanatory, so I won't go into a bunch of details. Since a picture is worth a thousand words, chart pictures can also be worth a thousand words.

NYA Index

 

Back to homepage

Leave a comment

Leave a comment