The First Week of 2017 has started with a gap up and bullish Weekly bar printing a Weekly reversal up and making a new all time High. This thrust up is important since it confirms the last Quarterly bar ended as a bullish pinbar on sloping 8 EMA and a Spring target at 2500, and Read More
Author: Gil Ecker
Like most of other stock markets, the S&P has ended the year with a minor retracement week, inside the Weekly Bollinger bands, closing as a bullish pinbar on sloping 8 EMA. It is a powerful pattern once its High is taken out on the next bar. On the Daily timeframe, there is a bearish setup Read More