Introduction on Stock Trend Chart Basis

"It is simple to complicate things but it is complex to make things simple" - Nameless Hero

The charts on this site are generated by a proprietary trend model invented by Raymond Tsang the developer of this site aka Nameless Hero.

I am trying to simplify it here so first I will walk you through a list of chart features and then I will explain how to apply them.

Here is a list of chart features:

A - The stock name with symbol enclosed by parenthesis.

B - The time in eastern region the chart was generated; in this example the chart below was generated after market close. 

Today we are seeing something that rarely happens: USD, bond and stock all doing down and only gold up.  What that tells is people are more likely to move money into hard assets (not real estate) but commodities.  Beside the safe heaven role of commodities, when the hyper-inflation comes there will be another boost to this asset class.  People were criticizing me not to treat bond as a safe heaven, yes it was but in the past, the new winner will be commodities especially in a currency crisis era.  Paper supply is unlimited where gold is limited.  Just my 2 cents.  

Below please find a sample of the monthly trend chart of S&P 500 ETF. The chart depicts the prefect entry and exit point for this 13 months rally. The rally was started from March of last year until late April this year. The chart itself shows how consistent and reliable the model is. The model was developed based on some market trading and movement theories, by extending the same algorithm to monthly period, it produces such an amazing chart. Yearly chart is also possible to produce based on the same algorithm and I might consider to bring it live as time permits. Just a note, since the Google Ads was unable to generate sufficient funds to sponsor the develop and hosting cost of this web site. We have to consider to promote subscription based for some of the new features to cover the costs. As the goal of this site is to provide research tools and services to small investors, we sincerely don't want to put big burdens on our valuable members. We tried hardly to find a balance point where both of us can mutually benefit. We will announce the subscription plan once the monthly chart development reached production grade. The daily and weekly charts are still free to any registered members.

Have a Good Trading,

Admin

stocktrendcharts.com

Inflation, deflation or stagflation, which one will unfold next and what we can do to protect our money?

If shorting bonds is one of the best trade of the year, the recent stock market drop opens an excellent opportunity for shorting bonds.  And because bonds are so called "Safe Heaven" which I doubt it.  "More debts get you out of the debt problem.", I can't stop my laughing and it is similar to telling me to avoid a car accident by stepping harder on gas paddle?

I was talking to a financial analyst recently and he think that YRCW is fundamentally strong and have the potential to come back.  As of this writing the shares is trading at .48 a share.  I assume the stock is fundamentally sounded and what it needs is a technical analysis to locate the low risk setup.  So I bring up my browser and point to our site www.stocktrendcharts.com.   Boom, YRCW is trading at a perfect low risk setup.

The graphic pretty much tells the story.

TCK is a candidate for a bounce and traders that position near the 200-day moving average may be in a relatively low risk buying area.

Good trading to all.

The trend model shows bottoming signal of quite a few of stocks and commodities are poised to a bounce such as SLV, USO, OIL, GOOG, BAC, C...etc.  You name it.  This would be a wave B play and the trade should be quick and profitable and required tight stops.  This is a low risk setup for short term bounce play, not a real rally.

USO appears ready to resume the downward trend possibly within the new few trading days. Other oil and gas stocks (CHK in particular) look like sell candidates too especially with CHK's Death Cross of the 50 and 200 day averages.

The attachment pretty well tells the story for USO. A confirmed intermediate down trend is already in place. An expectation of yet further prices is reasonable. 

A drop to the 200-day moving average from today's closing price is about five percent.