During the annual symposium of the Market Technicians Association, April 2013, two of the world’s most renowned veteran market technicians, Robert Prechter, CMT, President of Elliott Wave International and Martin Pring, Chairman of Pring Turner Capital, shared their key insights during a moderated panel discussion with Ron William, CMT, MSTA, Founder & Principal Market  Strategist of RW Market Advisory, on one of today’s most widely debated questions about Inflation & Deflation pressures and how both risk scenarios would impact your investment decisions and portfolio returns. Please select link to review the full online video.  Ron William: What is the best strategy to help preserve capital given your stances on either of the inflationary or deflationary pressures ahead? Martin Pring: Our firm (Pring Turner Capital) has just come out with a new ETF (The AdvisorShares Pring Turner Business Cycle ETF) (DBIZ) and I think that would be the place to go. In the past,

This report takes a closer look at the U.S. Energy sector, via the iShares Dow Jones U.S. Energy ETF (Ticker: IYE). In recent days, IYE has quietly broken out of an ascending triangle pattern two and a half years in the making. From a portfolio perspective there have also be some developments worth noting. For example, the longer-term relative strength chart (vs. the S&P 500) appears to have found support at an historically significant level and the near-term relative strength chart substantiates that a bottom is in place. As a result, it appears that IYE is becoming a technical leadership sector ETF and investors/traders should look to take advantage of such a rotation. In addition to a brief technical analysis of this sector ETF as a whole, this report goes one step further as is delves into the technical outlook for its top 10 holdings or 63% of the entire fund. ENERGY –

Many traders use screens to generate trading ideas. A screen will generally be designed to scan a list of stocks, identifying the ones that meet certain criteria. For example, a screen might identify all stocks with an RSI below 30 as potential buys. Without access to specialized trading software or proprietary screening software, the capability of screens that are widely available on the internet are usually limited to simple criteria like an oversold RSI. Long-term value investors can generally find tools that allow them to identify stocks with low price-to-earnings (P/E) ratios or high dividend yields. Some sites, like FinViz.com, offer fundamental screens along with longer-term technical tools like the 50-day and 200-day moving averages.  This site also screens for stocks completing chart patterns. Technicians may argue about whether or not the stocks identified by the screens actually meet the requirements of the pattern definition but it is an interesting capability.

Introduction to Bollinger Bands® Bollinger Bands®, created by legendary money manager and researcher John Bollinger, are one of the most popular trading indicators in use today.  Nearly all commercial charting applications include the ability to plot Bollinger Bands®, which allow traders to quickly assess how overbought or oversold a security is. While there has been an abundance of information published on how to trade with Bollinger Bands®, the majority is discretionary in nature rather than quantitative. Thus, the trader is left to interpret what the security’s price is doing relative to its Bands, and more importantly, what it is likely to do next. In contrast, the ETF Trading with Bollinger Bands® Strategy is a precise, quantified approach to Bollinger Bands® trading. It allows a trader to identify the entry and exit signals that have produced the best results over the past 7+ years. We will also show how different levels of intraday pullbacks