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

  • 5 mins Four Tips From The World’s Top Investors
  • 1 day The Dark Side Of Trump's Tax Bonanza: $1 Trillion In Debt
  • 2 days How Goldman Made $200M In A Day
  • 2 days Why Trading On Trump's North Korea Misstep Won’t Work
  • 2 days Samsung Loses $539 Million In Battle Against Apple
  • 2 days Is There Upside Potential For Gold Juniors?
  • 2 days World's Top Diamond Jeweler Joins De Beers' Tracking Initiative
  • 2 days Cryptocurrencies Bounce Back But Struggle With Key Resistance Levels
  • 3 days Millennials Are Waiting For A $30T Inheritance That Might Not Come
  • 3 days Is This the Tipping Point for American Credit Card Debt?
  • 3 days Tech Icon Predicts A Big Future For Ethereum
  • 3 days Apple Doubles Down On Data Privacy
  • 3 days Where To Look As The Treasury Bond Bull Run Loses Steam
  • 3 days The Tech Giants Poised For A Breakout
  • 3 days The U.S. Dollar Is Set To Continue Its Rally
  • 3 days Bitcoin Plummets On Price Manipulation Investigation
  • 4 days The Multi-Billion-Dollar Business Of Influence Peddling
  • 4 days Goldman Backed ‘Stablecoin’ Hopes To Curb Crypto Volatility
  • 4 days Consumers Lost $1.6M To Crypto Fraud In Australia
  • 4 days Facebook May Soon Become A Paid Service
How Goldman Made $200M In A Day

How Goldman Made $200M In A Day

The thought of a stock…

The Tech Giants Poised For A Breakout

The Tech Giants Poised For A Breakout

Bullish sentiment seems to have…

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

More Info

Beware The Crazy Person Who Expects a Down Swing

Beware The Crazy Person Who Expects a Down Swing

How could any one expect a down move in a market that refuses to sell off.

If we get a down swing, it may be on the back of the idea that there will no slow down in QE by the FED or maybe (hope not) shots have been fired in the Ukraine.

What ever the fundamental story that gets the blame, another down swing in the market is due. Support will be tested and if it busted the SP500 (!MMI) could sink break serious trendlines/Gann Angles.

The !MMI or the NYSE major market index is a great index to follow the swings. Made up of 20 large cap stocks that tell the true trend.

Watch out for a swing down!

NYSE Major market Index Chart
Larger Image


Investing Quote...

"Vibration is fundamental; nothing is exempt from this law; it is universal, therefore applicable to every class of phenomena on the globe." ~ William D Gann

"October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February." ~ Mark Twain

 

Back to homepage

Leave a comment

Leave a comment