The 2015 January Effect: Status – On Track
[dropcap]E[/dropcap]arly in the year, we decided to do the most thorough study of all the behavioral and market structures possible to confirm or deny the veracity of the January effect….
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[dropcap]E[/dropcap]arly in the year, we decided to do the most thorough study of all the behavioral and market structures possible to confirm or deny the veracity of the January effect….
Happy New Year! The market action in the last week of 2016 was on the bearish side. After attempting to continue the pre-Christmas bounce when the market reopened on Tuesday,…
The market continued to move higher last week and did so more convincingly than the previous week. It opened on Monday with a gap up of more than 20 points…
The market moved higher during the past week, ending around 20 points higher on a weekly basis. The low at 2320 held (despite being tested in the overnight on Monday),…
After moving sideways 2 weeks ago, the holiday shortened week brought a clearer direction, which was down. The market was weak in all 4 trading days and finished at the…
Last week was another one for the history books. The last 2 days of February seem uneventful in retrospect, although the market did make a new ATH on Monday before…
In the holiday shortened week, the market continued to defy gravity and made 2 new ATHs on Tuesday and Thursday. Apart from the initial ramp it moved more sideways, the…
The market continued its bullish character from the end of the previous week and broke out quite convincingly to the upside despite a zone of strong resistance. As a result,…
The market went sideways in the first 3 trading days of last week, not doing much of anything, before challenging and achieving new ATHs (all time highs) on Thursday and…
The market gaped down on Monday last week dropping more than 20 points from the previous weekly close to the daily low. The next day it made a lower low,…
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