The market extended its rebound after fail safe support at 1560 held on Monday. This sets up a potentially classic bullish pattern where price pulls…
Fail safe support has held and a number of other indications suggest that while there’s still minor downside risk, the worst may be over for…
The market started weak and ended weak after a big mid day recovery. That is a bearish pattern and there’s no sign it will end…
The market tried to get its footing on Friday, sending mixed messages in the process. While it managed to hold above failsafe support at 1575,…
China. I was warned. We all were. But I didn’t pay attention. It’s the biggest mistake I’ve made in the 13 years I’ve been posting…
Primary Dealers, flush with $86 billion in cash from the Fed this week shook the stock market tree today, using the Bernanke dog and pony…
Short term indicators confirmed an up phase while intermediate indicators and time counts suggest the possibility of an upturn. It’s a perfect setup for Fed…
The market fell back from resistance on Friday, setting up an inconclusive short term pattern. 6 month and 13 week cycle indicators are mostly on…
The market did what it needed to do when it threatened to break trend support when a 6-7 week cycle low was due.
Cycle screening measures were weak today as the market slid toward a test of support and last week’s low. Some of these measures are in…