Last Friday the S&P 500 formed a shooting star candlestick pattern on the daily chart. This is a Japanese candlestick formation that is normally a bearish reversal signal. Sure enough, the S&P 500 moved lower the next day, dropping around 15 points. We saw this happen last September too. But how often does this bearish pattern really play out?  Read more »

Just lately I have been using the trading analysis platform Amibroker an awful lot. I’ve been testing trading ideas, building simple technical indicators, and learning some new tricks. (I plan to present such findings in later articles, of course).

You see, Amibroker is such a flexible platform that you can do also sorts of things with it. Read more »