by Ron Haydt | Jan 25, 2016 | Stocks
in Wednesday’s Midweek Video, we referred to the hammer candle forming, which is bullish. But, confirmation was needed. That technical confirmation occurred on Friday, giving the bulls the day-to-day technical edge. Ron Haydt Co-Founder...
by Ron Haydt | Jan 21, 2016 | Stocks
SPY (S&P 500 ETF) rallied hard intraday to only finish down 1.22%. While the candle does look like a ‘hammer’, confirmation is needed in candlestick analysis. The VIX has yet to really pop higher into the 30’s or 40’s, which is keeping...