The Dow sold off last week down to its daily Decision Support area at 9936.  Although the bounce may continue into this coming week, the stock market continues to be on shaky ground. We have had several additional Hindenburg Omen signals.  Although more signals does not increase the likelihood of a market crash, it does [...]

You can check out the MTPredictor Elliott wave and Fibonacci trading software for stocks, commodities, futures and forex here in today’s webinar recording: Click here to view the webinar recording *This may take a few minutes to download MTPREDICTOR™ TRADING SOFTWARE Control your Trading Risk in 2010 and win… Find low risk trade opportunities Assess [...]

Well, our first Hindenburg Omen signal has now been confirmed by a second signal as of Friday’s close.  Since 1985, there has not been a market crash that wasn’t first preceded by a confirmed Hindenburg Omen.  The probability of a correction of 5% over the next 4 months is about 77%.  The probability of a [...]

Yesterday was an interesting day as far as our friend the Hindenburg Omen is concerned.  According to the Wall Street Journal NYSE data we had 137 new 52 week highs and 69 new 52 week lows.  The 69 new lows equaled 2.1814 percent of the total number of issues traded at 3,163.  The minimum percentage [...]

Today’s MTPredictor Elliott wave and Fibonacci trading software webinar for futures and forex has been posted here: CLICK HERE TO VIEW THE WEBINAR MTPREDICTOR™ TRADING SOFTWARE Control your Trading Risk in 2010 and win… Find low risk trade opportunities Assess which trade is worth the risk Determine how much to risk on each trade Control [...]