Ricky Wen

Articles by Ricky Wen

The first week of October morphed into an inside week within an inside month context, with the prior all-time high at 2947 repelling the advance and the Emini S&P 500 (ES) only reaching 2944.75. If you recall, heading into the week,...
The last week of June was quite weak as the stock market continued the downward momentum from the 3rd week by grinding down into the major weekly trending support zone around 2700-2720 on the Emini S&P 500 (ES) for the backtest....
Monday was a fairly fast-paced trading day. It started with Sunday night weakness at around 2740 in the Emini S&P500 that continued into the regular trading hours. Essentially, the bears accelerated the downside flush by piercing below...
The second week of June was fairly uneventful as the market did its typical stallfest/shakefest fluctuations against a major level of 2800 from the March high region.  Essentially, the market reached a high of 2794.25 intraday on...
The Fourth Coinage Act of 1873 embraced the gold standard and demonetized silver, known as the “Crime of 73”