Author Archives: Pete Renzulli
Author Archives: Pete Renzulli
Last week proved why price action alone can be deceiving.The SPY ETF opened lower most of the week and rallied into the close. The end of day rallies made stocks seem strong. But good traders look at more than price.Volume certainly is going one extra step. You’ll get validation if there’s strong buying. But great […]
CONTINUE READINGThe answer to why you always seem close to trading success but can never get consistently profitable.
CONTINUE READINGStocks refuse to go down. The trading range lives on! Even with the FOMC minutes confirming continued rate hikes. So how do we read the tape? Not declining is different than advancing. One could interpret the lack of dominant selling as a sign that it’s over. A potential change of trend of you will. As interest rates […]
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