Introducing Tim Stetin and StockPatternPros My work and passion for over three decades has centered around investing in the stock market. Specifically, my interest has been in studying and understanding the historical and current investment research universe to filter out what works and what doesn't. Early on my work gravitated towards technical analysis, the study of price action, due to the limitations and lack of correlation I found with fundamental analysis, the study of economic and … [Read more...]

Equity market outlook remains the same. Price forecast chart remains untouched from October 11th and price action is tracking our projections (red lines) exactly as measured three weeks ago. Please note the accuracy. For the uninitiated..this kind of accuracy is mostly unheard of. Prepare to learn more. Nasdaq..published chart from October 11th. Before Nasdaq..current..After Stay tuned for new platform notification. Just waiting on a special link for you, SmartChartInvestor s … [Read more...]

The reversal lower forecast from the October 11th Weekly Commentary began two days later on Tuesday, October 13th. How's that for accuracy! We are on day ten of the current drift lower and that's at the high end of the number of days usually associated with short term reversals so we might get a pop early in the week. I wouldn't necessarily trade it as we are now into the final week before the election and anything is on the table. I have not had to update the following Broader Market charts … [Read more...]

Sunday, October 18, 2020 Broader Market Review The major averages continue to trend higher. The Dow, S&P 500 and Nasdaq are holding support and the continuation higher is expected as long as we maintain the current trajectory. I continue to be very cautious considering the averages are nearing a re-test of the previous high and the uncertainty surrounding the upcoming election. My current exposure is 65% equities and 35% cash. I will likely begin hedging soon by buying SQQQ which … [Read more...]

Saturday, October 10, 2020 Broader Market Review The major averages had a pretty strong week, crossing over the 50% line (white line) of the September decline. This usually means we are likely to test the previous high. We have plenty of time to do this before the election so it could be an opportunity to lighten up, if you haven't already done so, before the election. While the underlying catalyst for price direction is the historical and unique pattern embedded in every instrument, c … [Read more...]