Technical analysis software - TradeNet

TradeNet is the technical analysis tool that can help you in organizing analysis.It spread formula chart comes trading chart, CTS and cover Reference Chart.It can create multiple charts with ease and a very good speed.We-think it's a bit on the expensive side.

Homepage:

TradeNet's features include:

Easy to use features
Powerful and fast analysis (seconds thousands of ticks for tick charts draw)
Excellent decision making tool for trading with couple / dissemination
Intelligent analysis for trading in shares and E-mini futures
Numerous integrated studies and user-friendly tools to the most important trends to catch
Ability to interface with custom studies
Import/export data friendly
Useful statistical reports

Highlighted features:

Spread trading chart
CTS formula chart (CTS F1)
Cover - reference overview
User-defined time periods

Company offers 6 different products for retail users.All you users are friendly.These products are described below.

TradeNet technical analysis software, the stock market tick by tick and historical data for analysis with several study uses add-Ons.

ViewNet - a new intelligent quote display system that calculate and display in real time and real time P & L percent may return.

Domestic Inknet - a scrolling ticker that allows users to view real-time stock quotes.

ScanNet - a robust tool that allows the user to a list of stocks to filter meet the user-defined conditions in real time.

X-series X 1 - user friendly application with candle stick chart plus volume study specifically for Philippe speed's members.

X-series X 2 user friendly application with CTS proprietary formula chart with stochastic specifically for Philippe speed's members equipped.

For more info

http://www.ctstrend.com/CTSWeb/Products/CTSProducts.htm

View the original article here

Double Top technical analysis

View the Original article

Technical Analysis

, QQQQ, SPY, DOW, trading, stock, chart, stock market, options trading. Stock Market Analysis, QQQQ Options, SPY options, trading system, trading strategy, stock market trading

View the Original article

Greece with Media versus Volume and Technical Analysis

Very nice day. If you take a look at my Sunday's post (See "Volatility" post on may 2, 2010) and you will understand why I am in a good mood.

In my Sunday's post I wrote "Taking into account volatility, I would assume that the odds are on the side of the development of a correction down. Big bullish money flow since the end of February 2010 has pushed the stock market into overbought condition and it is in the favor of correction down." and it could look skeptical yesterday, yet, today it is completely another story.

It was interesting to watch financial news today. News always can find an "explanation" of event. If the market goes down the media states that investors are disappointed by FED keeping rates unchanged (if the rates stay unchanged it tells that the economy cannot afford higher rates). If the market goes up media states that investors are happy that FED keeps rates unchanged (low rates stimulate economy). There are always bad and there are always good news on the stock market. Media's job is to pick up news that fit the current market movement, which should not be very difficult, especially taking into account that it is done after the fact. In this way they always look smart and professional and they are "never wrong".

Today media blame Greece financial situation about stock market drop. Common, Greece has been all over the media over the last half of year and state that investors became worried about Greece today (not yesterday and not a month ago) is funny.

The market went down because it was overbought. Over the last two weeks I repeatedly mentioned about increasing volatility and high volume as an indication of coming changes. Whoever (from big institutional investors) was worried about "Greece" have left the market within the last two weeks. If you check the index volume (NYSE volume, S&P 500 volume, DJI volume and especially Russell 2000 volume) you will see it clearly. Now we see only a result of institutional traders' actions over the past two weeks.

P.S. Volume indicators continue to be my favorite tools in technical analysis.

Posted byTraderJoeat9:39 PM

View the Original article

Short Technical Analysis

Overall, the past week was positive on the market (see my "Volume and Money Flow" post on May 23rd, 2010). The only negative thing was the strong negative opening on Monday, May 24 of 2010. The first fifteen minutes of trading on that day were extremely bearish. Basically, because of these 15 minutes of bearish trading, the indexes (Nasdaq 100, S&P 500, DJI and other are only modestly higher than the previous week close on May 21, 2010.

This week I'm not as bullish as I was last week. Yes, taking a look at the longer term chart, the odds are good that we may see a recovery to the higher levels. However, on shorter-term charts we may see some bearish signs

What exactly makes me worry is that the volatility remains at high level and that many technical indicators (Money Flow indicators, Breadth Indicators, Stochastics, RSI, etc) on the hourly chart have turned into bearish.

Another thing that makes me worry is that during intraday trading at the end of the session on May 26, 2010 we had strong bearish volume surge. For short-term frame this volume was quite strong, however we did not see strong up-side reaction on that bearish volume. Only one day (on May 27, 2010) we had bullish trading. If we do not see up-side reaction on that volume tomorrow or the day after tomorrow then I would consider a possibility of retesting the Lows seen on May 25, 2010.

Posted byTraderJoeat10:18 PM

View the Original article