Tag Archive for: Dow futures

Factor Update June 29 2024

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Factor Update, June 22 2024

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Factor Update, January 20 2024

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Factor Update, January 13, 2024

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Factor Interim Update December 8 2023

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Thoughts on a Weekend Afternoon, August 8, 2021

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Equities Show Promise

(This is an excerpt from the past weekend premium member report published last Friday morning the 6th)

 

Global Equity Markets

The S&P cumulative A/D line has posted a new high. The major indexes (DJIA, S&P 500 and NASDAQ) should be next to post ATHs.

 

 

 

S&P 500 (CME)

I bought the completion of a rectangle on Thursday – and did so with hesitation knowing how frustrated I have been buying strength (over and over and over again) during 2019. The possible inverted H&S pattern has an up-slanted neckline.

 

 

 

 

China A50 (SGX)

The monthly chart exhibits a possible 4-year ascending triangle. The daily chart is attempting to complete a continuation symmetrical triangle. Factor is long – note the small 2-week pennant on the daily graph (boxed). I have an interest in pyramiding this trade. A close above 13995 is needed to confirm the daily chart triangle.

 

 

 

DAX (Eurex)

The advance on Aug 30 completed a small, but well-defined, inverted H&S bottom. Factor is long. The Sep 3 low is my pivot for protection. I will look to jam stops if the market approaches the 12462 target.

 

 

 

DJIA (CBOT)

I view the weekly chart as a 17-month inverted H&S with a premature breakout in Jul.

 

 

TSM (NYSE)

Two weekly charts are shown to display the massive 17-month inverted continuation H&S pattern. The total- return chart is on the right. The prices on this chart include previous dividend payments. The chart on the left is ex-dividend (prices have been reduced by previous dividends). Factor is flat. I will buy a breakout.

 

 

 

 

 

Factor Membership

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Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:

checkTrading Commodity Futures with Classical Chart Patterns: A free PDF copy of Peter’s classic out-of-print book
checkWeekend Update: 10-16 pages full of in-depth chart analysis and charting commentary
checkAlerts: Detailed information on specific charts as unique opportunities present themselves
checkMarket Commentaries: Communications on specific topics regarding market speculation and trading distributed periodically
checkWebinars: Monthly member-only webinars where Peter speaks about current conditions and fields member questions
checkKnowledge Center: Fast and easy access to current and archived content from Peter’s extensive library of content
checkAutomatic notifications: Email and social media notifications are sent out when new content is published

.

View your Factor Member options here. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work.

Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about. For more information watch my 30 minute webinar where we cover the Factor service in depth.

I hope you will consider joining the Factor community.

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Interesting Equity Markets

Interesting Equity Markets

(This is an excerpt from the past weekend premium member report)

The cumulative A/D line for the S&P 500 remains close to a new high. I continue to view the S&P breadth to be positive for U.S. equities.

 

 

 

DJIA (CBOT)

The DJIA has been unable to make a new high for the past 18 months. This is also true for the S&P 500. My thinking is that a decisive new high by these two indexes confirmed by a new high in the S&P A/D is required to put the cyclic bull trend back on track. The Factor Tracking Account is long the micro Dow Index.

 

 

 

 

S&Ps (CME)

A decisive close above 3021 would be a breakout on the S&P chart. Such a close would establish a target of 3640. Factor is flat. I will buy S&Ps if it breaks out before Dow futures. I would not wait for 3021 before acting.

 

 

 

 

 

 

Factor Membership

.

Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:

checkTrading Commodity Futures with Classical Chart Patterns: A free PDF copy of Peter’s classic out-of-print book
checkWeekend Update: 10-16 pages full of in-depth chart analysis and charting commentary
checkAlerts: Detailed information on specific charts as unique opportunities present themselves
checkMarket Commentaries: Communications on specific topics regarding market speculation and trading distributed periodically
checkWebinars: Monthly member-only webinars where Peter speaks about current conditions and fields member questions
checkKnowledge Center: Fast and easy access to current and archived content from Peter’s extensive library of content
checkAutomatic notifications: Email and social media notifications are sent out when new content is published

.

View your Factor Member options here. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work.

Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about. For more information watch my 30 minute webinar where we cover the Factor service in depth.

I hope you will consider joining the Factor community.

sig

 

###

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Factor Update, April 13, 2019

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Factor Update, July 29, 2018

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