Up and down. Up and down. Range bound, range bound.
The broken trendlines are absolutely picture perfect in form.
Interesting how the overall marketis so cleanly range-bound by its moving averages.
Without exaggeration, I truly find recent recent business news to be stomach-turning:
I remain relatively light as this silly rally plays itself out. Please take note of each of the resistance levels I’ve highlighted below.
Hey, Jay, whadaya say?
One of the most badly-battered sectors of the market has been in the oil and gas space. Has it bottomed?
He’s still in 43 shorts but these charts show some of the best setups getting oversold.
Even though we had ad bounce in the market, leading to a green ES and NQ, Tim turned out another nice profit in his shorts.
FEEDWhen’s the bounce? When’s the bounce? Who knows. I was playing around with SlopeCharts‘ new indicator dialog, and I like what I see with the 75-day Bollinger Bands. Looks like we may still have some elbow room to the downside.
