WHC Bassetti – Page 66 – Technical Analysis of Stock Trends

Negative facts…IWM, QQQ

Post author:WHC Bassetti
Post published:May 10, 2014
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The market continues to do what the market does -- that is, it obeys the law that the present trend tends to continue. Since the present trend is sideways it…

Playing with the crystal ball…

Post author:WHC Bassetti
Post published:May 4, 2014
Post category:Letters
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Between those who are predicting (with 98% reliability) a serious crash almost upon us, and those who see gold raining from the clouds (the Cloud?) we find ourselves bewitched bothered…

What we have here is a …conundrum…

Post author:WHC Bassetti
Post published:April 29, 2014
Post category:Letters
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http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=6&dy=0&id=p61670847249&a=214738592 We have just remarked (last letter) on the fact that the PnF method has given buy signals in the indices. Meanwhile there is a technical pattern called a…

Presto–change-o…

Post author:WHC Bassetti
Post published:April 23, 2014
Post category:Letters
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Barely had we sympathized with Dennis Gartman that the market was going irrational when prices turned around and made it safe to go back in the water -- with some…

Gathering facts…

Post author:WHC Bassetti
Post published:April 19, 2014
Post category:Letters
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As is clear to everyone now the market has hit a roadblock. Whether this is a consolidation roadblock or a reversal roadblock is not known at this time. Over the…

Noted technical analyst WHC Bassetti has over 40 years’ experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Tenth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.

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