Category Archives for Jeff Cooper
SOX Rolls Up To Reistance
The semiconductors have been darling’s of the bulls for the last year. The SOX has hardly had a hiccup since tracing out a triple bottom backtest of the 2007 high. However, a clear 5 waves up from the 2009 low may be on the table with the SOX tagging the upper rail of a parallel […]
Continue Reading -->An Important Week For the Dollar
The dollar made a 14 year high to kick off 2017 but quickly reversed leaving a weekly signal reversal bar.. The subsequent follow through saw a turn down of the important 3 Week Chart last week. The dollar continued lower yesterday flirting with a test of its 20 week moving average around 99.60. This coincides […]
Continue Reading -->Golds Big Back-test?
Yesterday many signal reversal bars were left on the precious metals miners. There were Gilligan buy signals all around. PAAS and GDXJ both left Gilligans. This is a strategy I created to help define Selling Climaxes. It is a gap to a new 60 day low with a close at/near session highs. Follow through is […]
Continue Reading -->Dollar Ducks, Gold Quacks
This morning in the Daily Market Report, we showed a series of charts on the dollar indicating a correction phase. A big picture chart from January 1973 through November 2016 shows a reaction is in order with the dollar testing a major declining trendline. Notably the recent advance started from an undercut of major lows: […]
Continue Reading -->Jeff Cooper: Is a Gold Turn on the Table?
GDXJ triggered a little Triangle Pendulum buy signal on Friday: Follow through is key. We’re not getting it — yet. That said, it is 180 degrees/days from the last breakout pivot on June 3 and we are roughly one year from the big low. GDXJ is also satisfying gapfill from June 3 but needs to […]
Continue Reading -->Blast from the Past: Exclusive Interview with Master Trader Jeff Cooper
We revisit an interview with legendary trader Jeff Cooper, where he explains his top trading techniques and unique use of Gann Theory. In this interview, Jeff breaks down: How he began his trading career, and climbed the ladder to success His unique combination of Gann theory, time and price studies, and traditional technical analysis What […]
Continue Reading -->The Cost Of Fear
The price of gold entered a bear market in early 2013 when it broke down out of a 13-month shelf. That shelf could have been a high level consolidation or distribution. Counting from the September 2011 top in gold, the 3rd lower weekly high in September 2012 was the death knell. Fast moves are often […]
Continue Reading -->Reagan Rally Analogue?
Looking at the big 100 year cycle, on November 20, 1916, the DJIA topped at 110. By the end of the year it was trading at 95. By the end of 1917 it was trading at 67. On Gann’s Master 60 Year Cycle, the market topped in 1956 and plunged in 1957. On the 6 […]
Continue Reading -->Morning Call Express: The Infamous Three Peaks and Dome Top Pattern
In today’s Morning Call Express, Jeff Cooper talks about the pattern that has been playing out in the SPY going back to last year. He also analyzes the dome top that has been forming and the action that has we have seen within it. Jeff also references the internals and what they are implying as […]
Continue Reading -->The More Things Change The More They Stay The Same
The Naz Composite first cleared its March 2000 top in June 2015. It finally closed above the March 2000 peak a year later in July 2016. A monthly NAZ shows 3 drives attacking the March 2000 top. Long time readers know I often say markets play out in threes. Sometimes there is a 4th ‘campaign’. […]
Continue Reading -->