Some days you look at 30 charts and still conclude there’s just not much to add. Today is one of those days — for a more broad overview, please see yesterday’s article.
Both potential short-term counts were expecting a turn, and tha…
Yesterday, it appeared reasonably likely that a little more upside would occur on Monday, and that did happen, although the market exceeded my ideal top-end range by a couple points. What can I say: it’s not an exact science.
Go…
We’re going to move through this article starting with the short-term and ending with the long-term.
Friday performed exactly as expected, “choppy sideways with a slight upward bias.” The second part of that prognostication projected at least a …
I did a lot of work on charts tonight, but I’m going to keep the update short, sweet, and simple.
Yesterday’s market traded right into the target zone. I now believe there is a turn coming either today or Monday. I suspect t…
I hate “lazy” charting, and I think it’s important to constantly challenge one’s assumptions. During yesterday’s session, I began considering the possibility that my initial labeling of the smallish correction back on March 12 as a 4th wave&…
Well, yesterday cleared up the counts quite nicely. The bullish trade trigger at 1374 elected and from there, the market pretty much traded straight up with zero drawdown. That trigger targets 1408.
We now have solid confirmati…
Yesterday was the type of day technicians dread, because literally nothing happened. What possible new insights could anyone have after a day like yesterday?
So I’ve decided we’re going to play a game called Quien Es Mas Macho? Sorry, bad …
There are a number of conflicting signals and potentials, and trying to assimilate all of them into an overarching market plan is a bit challenging at the moment.
On Friday, just about everything across markets was up: equities, the Dollar,…
As I said yesterday: the market’s not doing anyone any favors right now. After playing around with a number of indices, the short term waves can be counted pretty much however you want. The market is in something of a no-man’s land right no…
Yesterday, the preferred count expected a bounce, which we got. Problem as I’m writing this is that ES futures are up about 9-10 points.
As I mentioned in the body of the article yesterday, the wave iv target could run all the way up…
