feb11 – Page 2 – Technical Analysis of Stock Trends

Defying gravity. INDU (market) filled with helium, a flammable substance…

Post author:WHC Bassetti
Post published:February 17, 2011
Post category:Letters
Post comments:0 Comments

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=9&dy=0&id=p05122701352&a=223624367 59 days, 1302.03 points, 11.91% (#3). This after the laughable November downwave (2) (which mainly served as a point to give us a reasonable trendline.) This after a 50…

The long view on the major and minor indices: MDY, INDU, SPX, QQQQ, IWM, MVV

Post author:WHC Bassetti
Post published:February 9, 2011
Post category:Letters
Post comments:1 Comment

After looking at these issues last letter and seeing some cracked and broken trendlines curisoity drove us to look at the 5 year charts. What we got out of that…

Examining entrails of the market…IWM, MDY, MVV and INDU

Post author:WHC Bassetti
Post published:February 5, 2011
Post category:Letters
Post comments:0 Comments

If you look at this chart of the Dow you have a perfectly healthy looking market. Prices are well away from the crucial trendline and way away from the Basing…

The vagaries of signals….

Post author:WHC Bassetti
Post published:February 2, 2011
Post category:Letters
Post comments:2 Comments

It is a characteristic of signals that they are often misleading and also often quickly canceled. We think this is the case with Friday's unusual day. We're still trying to…

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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Defying gravity. INDU (market) filled with helium, a flammable substance…

The long view on the major and minor indices: MDY, INDU, SPX, QQQQ, IWM, MVV

Examining entrails of the market…IWM, MDY, MVV and INDU

The vagaries of signals….