12/18 MWL Recap: Erin’s Building Blocks of Technical Analysis – Stocks to Watch


This post is by Erin Swenlin from StockCharts.com - Blogs


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Welcome to the recap of today’s MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Our show is devoted to technical analysis of the stock market with live market updates and analysis of hot symbols. The show runs throughout the day on StockCharts TV; you can also find the latest episodes on the YouTube StockCharts channel here.

Information abounds in our Monday-through-Friday 12:00p – 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts. 

Your comments, questions and suggestions are welcome. Our Twitter handle is @mktwatcherslive, our email is marketwatchers@stockcharts.com and we also have a MarketWatchers LIVE Facebook page that you can like and follow. Don’t forget to sign up for notifications at the end of this blog entry by filling Continue reading “12/18 MWL Recap: Erin’s Building Blocks of Technical Analysis – Stocks to Watch”

PMO Analysis – Wrong Direction and Not Oversold Enough


This post is by Erin Swenlin from StockCharts.com - Blogs


Click here to view on the original site: Original Post




The Price Momentum Oscillator (PMO) is a great measure of acceleration/deceleration of price for individual entities. Combining each component’s PMO readings within an index is especially advantageous in allowing us to understand how overbought or oversold it is in three timeframes. Although readings are oversold, they are still declining. This suggests that prices within the SPX, OEX and NDX are vulnerable to more downside price action.

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