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Quick Lessons from Three Bull Traps and Reversal Pathways

There have been three recent “Bull Traps” or initial breakouts that resulted in a sudden failure (reversal) of price and it’s always helpful to study the lessons from these recurring patterns. Let’s...

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Updating Traps Trendlines and Fibonacci for Gold and GLD

Let’s take a moment to update the prior post “Trade Planning and Levels to Watch in Gold” with respect to the new price compression between daily moving averages, a key Fibonacci Level, and an active...

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Gaps and Traps with Breaks and Fakes for ISRG

Intuitive Surgical (ISRG) is the weakest performing stock today (largest percentage loser) in the S&P 500 which prompted me to investigate more about this stock and its chart. A quick glance at...

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