Dear Trader,One of SpikeTrade membership benefits is the Password course – a monthly class taught by Alex and Kerry. It is free for Members, but also open to non-Members for a nominal fee.You are invited to the next session of our online Password course, taught by Kerry Lovvorn, co-director of SpikeTrade, on Wednesday, March 31, at 6 pm ET.***** ATR Review 2021 *****Kerry first taught his original class on ATR in 2016, and it became one of the most popular tools among SpikeTraders. We use Average True Range (ATR) for measuring trend strength, setting profit targets, and deciding where to place protective stops. We catch trend reversals using ATR divergences and add to our positions with ATR pullback strategy. Now, in response to numerous requests, Kerry offers an updated review of this tool.As always, the recording of this class will include a PDF of the presentation.To see the two ways to get a link to join the course please click below …
Hello SpikeTrader,One of your membership benefits is the Password course – a monthly class taught by Alex and Kerry. Each session cost $50 for outsiders, but free for our monthly and yearly Members. You’re invited to the next session of SpikeTrade Password course: Wednesday, March 31, 2021 at 6pm ET – 49th session of our Password Course, taught by Kerry:***** ATR Review – 2021 *****Kerry first taught his original class on ATR in 2016, and it became one of the most popular tools among SpikeTraders. We use Average True Range (ATR) for measuring trend strength, setting profit targets, and deciding where to place protective stops. We catch trend reversals using ATR divergences and add to our positions with ATR pullback strategy. Now, in response to numerous requests, Kerry offers an updated review of this tool.As always, the recording of this class will include a PDF of the presentation.To receive a link to join the course please click below…
Many traders, myself included, have been long waiting for a correction: a clear washout of the lows followed by a convincing bull market recovery as a signal it is time to take aggressive position in the markets again. This market, however, has taken every small price drop as yet another buying opportunity.
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Dear Trader,One of SpikeTrade membership benefits is the Password course – a monthly class taught by Alex and Kerry. It is free for Members, but also open to non-Members for a nominal fee.You are invited to the next session of our online Password course, taught by Kerry Lovvorn, co-director of SpikeTrade, on Wednesday, March 31, at 6 pm ET.***** ATR Review 2021 *****Kerry first taught his original class on ATR in 2016, and it became one of the most popular tools among SpikeTraders. We use Average True Range (ATR) for measuring trend strength, setting profit targets, and deciding where to place protective stops. We catch trend reversals using ATR divergences and add to our positions with ATR pullback strategy. Now, in response to numerous requests, Kerry offers an updated review of this tool.As always, the recording of this class will include a PDF of the presentation.To see the two ways to get a link to join the course please click below …
Hello SpikeTrader,One of your membership benefits is the Password course – a monthly class taught by Alex and Kerry. Each session cost $50 for outsiders, but free for our monthly and yearly Members. You’re invited to the next session of SpikeTrade Password course: Wednesday, March 31, 2021 at 6pm ET – 49th session of our Password Course, taught by Kerry:***** ATR Review – 2021 *****Kerry first taught his original class on ATR in 2016, and it became one of the most popular tools among SpikeTraders. We use Average True Range (ATR) for measuring trend strength, setting profit targets, and deciding where to place protective stops. We catch trend reversals using ATR divergences and add to our positions with ATR pullback strategy. Now, in response to numerous requests, Kerry offers an updated review of this tool.As always, the recording of this class will include a PDF of the presentation.To receive a link to join the course please click below…
… the longest in six years for which I’ve been collecting my data (since historical data cannot be purchased). FGIC remains at +6, the lower boundary of extreme greed zone.
The latest Spike Bounce signals brought S&P to its new all-time highs this week – but FGIC, while positive, failed to reach its level of extreme greed.
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Traders like me, who came to the financial markets between the 2001 Dot.com bubble and the 2008 Credit Crunch crisis tend to think that every correction is a prelude to a terrifying bear market. While I don’t expect anything of the sort, FGIC, like the other most indicators here in SpikeTrade, has been signaling a lack of strength for some time.
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It remains in the positive zone at +6 and extends its bearish divergence.
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For the past 45 days FGIC has remained stuck at the lower margin of the extreme greed readings (+8). During this time S&P500 has gained more than 2.5%, extending a bearish divergence.