By Lawrence G. McMillanRather heavy selling over the past six days (with the exception of last Friday) has resulted in a deeply oversold condition. That should produce a short-term rally, but...
By Lawrence G. McMillanDespite some position seasonality and oversold conditions, the bulls have not been able to gain a foothold, as the stock market has dropped sharply over the past three days.The...
By Lawrence G. McMillanMORRISTOWN, N.J. (MarketWatch) — Despite plenty of volatility, the stock market – as measured by the Standard & Poors 500 Index — has been unable to break...
By Lawrence G. McMillanThis is the time of year when even the media talks about seasonality. Of course, that doesn’t mean they understand what they’re talking about. Why would...
By Lawrence G. McMillanThe broad stock market -- as defined by $SPX -- had a major failure today in that it could not break through the upside resistance at 1265 (the approximate location of the 200-...
By Lawrence G. McMillan While I am a technician, I am the first to admit that not every form of technical analysis yields useful information. In fact, being a mathematician, I really like to...
In this video recorded at the TradersExpo Las Vegas, Lawrence McMillan, founder of McMillan Analysis, explains what he means by a "90% day," and why it can provide important signals for both traders...
By Lawrence G. McMillanThe CBOE Volatility Index (VIX) is sometimes referred to as an indicator which measures the cost of protection. To understand the thinking behind this definition, consider that...
By Lawrence G. McMillanThis week's rally has improved the status of many of the indicators, but not necessarily the chart of $SPX itself. A breakout above resistance and the 200-day moving average at...
By Lawrence G. McMillanIn the continuing roller coaster that is this market, Monday was a “90% up day” of gigantic proportions. Advancing volume led declining volume by a nearly 40-...