Yesterday’s count expected further upside, which is what the market provided. At this stage, there’s just not much to add. This remains one of the more challenging structures I’ve had to decipher in some time, but if the expanded …
In Thursday’s update, I built up the bear case; for today’s update, we’re going to try to poke some holes in it — and within all that, we’ll look at some targets which fit both.
Since I covered the bear case in quite a bit of detail on Thursday,…
A contributor on my website called my attention to the fact that some readers “hear what they want to hear” when they read my articles. I do tend to be verbose sometimes when I get going, so maybe some of the key concepts are getti…
Wednesday’s market action pushed up into the 1300-1310 resistance zone I’ve been talking about for a couple weeks, and this is the bears last real line of defense in the short term. We’ve looked at so many indicators over the …
Here’s a thought-provoking and sobering interiew with Kyle Bass. He talks about the consequences of “kicking the can down the road,” and the potential ramifications of sovereign default — and many other things, such as the fact that th…
Yesterday gave us nothing in the way of meaningful price data. In a range-bound market, a day that stays well within that range doesn’t help much. So the crash count is still out there — but the market has really moved no cl…
At least for the shorter term,bulls SEEM unstoppable.