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Revisiting The Excess Phase Peak Pattern

August 2, 2021 | Revisiting The Excess Phase Peak Pattern Chris Vermeulen Chris Vermeulen has been involved in the markets since 1997 and is the founder of TheTechnicalTraders.com. He is an internationally recognized technical analyst, trader, and author of the book: Technical Trading Mastery. Chris has developed trading strategies that incorporate technical analysis, position-sizing, and risk management to boost performance while reducing portfolio risk. The setup of the Excess Phase peak pattern consists of an exuberant rally to a peak (Phase #1), followed by a moderate price correction that sets up into a sideways flagging pattern (Phase #2).  If the INDU and TRAN continue to move in a sideways flagging formation after recently moving moderately lower, we may start to see a new Excess Phase Peak setup in these two major indexes. This could be a warning of a much bigger breakdown in trends in the near future.

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Oberberg: Volksbank feiert 40-jähriges Betriebsjubiläum

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Is Stock Market Risk Increasing?

Is Stock Market Risk Increasing?
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Hedge Funds Post Strongest 1H Gain Since 1999 - HFRI Equity Hedge Tops Strategy Performance On Reopening, Inflation Uptick; Sub-Strategies Led By Technology, Commodity On Earnings, Oil Volatility

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