The chart included with this post is a 5-minute OHLC bar chart of the S&P 500 represented by the SPDR S&P 500 ETF (Ticker: SPY). We’re sharing this chart to lay bare classic market maker behavior. This is behavior they exhibit in order to “maintain liquidity in the markets”. Today, after the opening bell, the…
This is the chart of Darden Restaurants (Ticker: DRI), going back to the start of 2024. Using only price action and volume, a trader can easily spot areas of support and resistance. These areas should be viewed as areas of opportunity. In this example, we can see that price is pushed away from about $170…
Since the 2022 bottom, there’s been a shift in the length of the cycle present in the S&P 500 (Current chart here). In the past, the cycle has existed primarily as a 66-67 day cycle. However, something has changed in the market and we are now seeing a 75 day cycle. Using the chart above…
For our readers who are shorter-term traders, Nvidia stock (Ticker: NVDA) has a history of presenting bearish bias between the 1st of October and the 11th. Losses to the long side could amount to 5% or more during this period of time. If the stock begins to present bullish bias during this time-frame, this would…
For those who are new to astrological cycles and the stock market, the following statement may come as a shock: the movement of planet Mars and Biogen’s stock price (Ticker: BIIB) are related. Yes, you read that correctly. If you’re interested in learning more about astro cycles and the stock market, you can start by…
Each month we’re posting a “mystery chart” for our readers. If you guess the ticker symbol correctly, you’ll get a 1-month free subscription to the EquiPredict Newsletter+Forecasts. Send your answer to matt@equipredict.com (1 submission per reader). Alternatively, If you’d like to know what this mystery chart is, write to us at info@equipredict.com and put in…
The chart included here is of e.l.f. Beauty Inc. (Ticker: ELF). The stock is set to experience a counter-trend rally to begin in the very near future. Active traders should be on the look out on the lower timeframes (daily or hourly) for the 18-period moving average to turn upward. Readers can sign up to…
The price of olive oil has been tracked by the St. Louis Federal Reserve since January of 1990 (Note: There may be other sources of olive oil prices going back further than 1990). Regardless, by looking at the long term chart, one can see the price is cyclical. This cyclical nature makes it ripe for…
The chart included here (click to expand) is providing a stark warning to investors that although we likely have more room to run to the upside in the markets, a downturn is ahead (or sideways action at best). This chart is a harmonic cycle (pink line) pulled from the Brave Butters Kelley index (you can…
The chart included here is of the Dow Jones Industrial Average (Ticker: DJI) with the well known Kitchin cycle overlaid in red. This cycle was uncovered by Joseph Kitchin in the 1920s. You can read more about it here. In essence, it’s an economic cycle that forecasts market turns. At the moment, we are nearing…
