by SITM | Mar 29, 2023 | Andrew Baraniak, General Newsletter, No_index
Accumulation This article first discusses a price cluster and then considers how much strength has been added to it by accumulation. By 26 October 2022, the Cocoa futures market (chart symbol CO-SpotV in ProfitSource) had presented a price cluster with the case...
by SITM | Mar 29, 2023 | Aaron Lynch, General Newsletter, No_index
As Good as it Gets! As a trader, after a large enough sample of trades you start to know the types of setups that resonate with your own personal style and when they come along you get pretty excited. Having delivered hundreds of sessions on trading and thousands of...
by SITM | Mar 29, 2023 | General Newsletter, Gus Hingeley, No_index
More BS (Bank Stuff) There is no shortage of news surrounding the recent Bank dramas from around the globe. What’s not just pure BS (Bank Stuff) is the quality of a recent double top price cluster on a local Australian Bank stock, ANZ. Chart 1 – ANZ Double Top...
by SITM | Feb 21, 2023 | General Newsletter, Gus Hingeley, No_index
BHP The Big Ranges Let’s take a look at BHP this month. Looking at our big picture ranges on BHP from the All-Time Low, there is a very large picture ABC formation. At the time of writing, BHP’s All-Time High sits at $50.21, only 6 cents short of an exact 100%...
by SITM | Feb 21, 2023 | Aaron Lynch, General Newsletter, No_index
The Big Banks Opportunities Ahead! In the Australian economy we find ourselves hinged to large banks and large mining companies. We don’t tend to branch out much further when it comes to global leaders by market size. It’s apparent to all as we tackle 2023 that we are...
