LETTER FROM THE EDITOR
This month we are including a number of charts. As technicians, it is a relatively simple matter to generate charts. The challenge is to create meaningful charts. We think the authors of the charts in this month’s newsletter accomplished that. Each of the charts presented in this issue can be studied to develop new insights into the markets.
Many members enjoy obtaining information on career opportunities. We try to include that information in the newsletter when we can and will be including more information in the next few months about the QGLDX Trading Strategy Contest. This contest has a rigid, quantified process that allows money managers to demonstrate their skill and to obtain a oneyear exclusive contract to trade at least $1 million in assets.
We also have a news release from a company that has created a platform designed to help financial services firms launch new technology applications. The cost and time dedicated to software development can be daunting to professionals focused on the financial markets. New innovations in technology are creating new opportunities for professionals to expand their product offerings.
If you are aware of similar opportunities, please let us know by sending an email to email@example.com.
USE RSI TO SPOT THE END OF THE CURRENT BULL MARKETby Paul Ciana, CMT
Editor’s note: Additional charts illustrating the concept explained in this article are included as an Appendix to this month’s newsletter. The Relative Strength Index, or RSI, is among the most...
REFLECTING ON THE 2014 DOW AWARDby Charlie Bilello, CMT & Michael Gayed, CFA
Though only a few months have passed, it feels a like a lifetime ago when the Market Technicians Association honored us with the 2014 Charles H. Dow Award for our paper titled “An Intermarket...
POPULAR INDICATORS ON THOMSON REUTERS EIKONby Cornelius Luca
Editor’s note: This was originally published by Thompson Reuters and is reprinted here with permission. Knowing which indicators are widely used can help traders understand why prices react in...
THE BULL MARKET WANTS TO GO HIGHER. BUT HOW MUCH FUEL IS LEFT FOR A POST-LABOUR DAY ADVANCE?by Ron Meisels
One month ago the markets looked weak and the bulls duly retreated in what we forecasted to be “an overdue and probably modest correction” in the first week of August. We said in our last Market...
INTERVIEW WITH CHRISTOPHER DIODATO, CMTby Christopher Diodato, CMT, CFA | 2019 Charles H. Dow Award Winner & Amber Hestla-Barnhart
How would you describe your job? Currently, I am a fee-only, ETF-only, financial advisor with Morgan Stanley Wealth Management. I try to simplify the investment management process using my ETF-only...
BLOOMBERG BRIEF DEMONSTRATES HOW TO PROGRAM RELATIVE HIGHS AND LOWS IN ANY SOFTWAREby Eoghan Leahy
In the August 21 issue of Bloomberg Brief Technical Strategies, a simple technique for programming relative highs and lows was explained. Relative highs and lows can help individual traders identify...
SEVEN REASONS AN ANALYST’S CALL TRACKER AND A TRADER’S LEDGER NEVER MATCHby Apurva Sheth, CMT
Over the past 4 years I have been analyst providing trading ideas to institutional and retail clients. Over that time, I’ve come to realize my call sheet and their ledger would not always agree....
MTA CHAPTER REPORT: HONG KONGby Jackson Zhu, CFA, CMT, ACCA, FRM
Assuming the leadership role 2012, I quickly realized that we were working with a relatively small member base in Hong Kong. From the very beginning I have been focusing on two main...
ETNA TRADER INTRODUCES DISRUPTIVE FINTECH TECHNOLOGYby Roman Zrazhevskiy
ETNA, a trading platform provider traditionally catering to broker-dealers, announced today that it is partnering with FinTech startups as well as established financial services firms looking to...
CHART OF THE MONTH FROM THOMSON REUTERS EIKON
The following Ichimoku Cloud charts of major market indexes are provided by Thomson Reuters Eikon. Dow Jones Industrial Average DailyDow Jones Industrial Average WeeklyRussell 2000 Index DailyRussell...
APPENDIX: CHARTS OF RSI STREAKS IN BULL MARKETS
The weekly charts below of the Dow Jones Industrial have all been provided by Bloomberg LP. November 2012 to PresentApril 1997 to August 1998December 1994 to July 1996October 1992 to March...
New Educational Content This Month
November 22, 2023
Utilizing Trend & Mean Reversion in Breadth Studies to Gauge Market Conditions
Presenter(s): Victor Riesco
November 18, 2023
Beating the Bench
Presenter(s): Scott Brown, CMT
October 25, 2023
Equity Risk & Potential – Q4, ’24 & Beyond
Presenter(s): Timothy Hayes, CMT