by Lara | Aug 12, 2017 | EW Education, Public Analysis, S&P 500, Trading Tips
This chart was published two days ago. At that time, it was warned that the possible upwards breakout of the 8th of August lacked support from volume and may turn out to be false: Click chart to enlarge. That was proven correct. The strong downwards movement from the...
by Lara | Aug 9, 2017 | EW Education, Public Analysis, S&P 500, Trading Tips
After a consolidation price will break out. The presence or absence of support from volume on the breakout tells us how reliable the breakout may be. Click chart to enlarge. Pennant patterns are one of the most reliable continuation patterns. But in an upwards trend...