Yesterday’s market blew through the downside projections, much like the rally did on the upside earlier this year. It comes to mind that the prior rally became historically over-extended, so there are a lot of folks ready to jam the exit doo…
The market did very little on Wednesday, which is actually a somewhat encouraging sign for bears. To some degree, one can gauge who’s in control by simply looking at which price direction the market is stug…
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…
I’ve been pulling my hair out all night trying to nail down the exact short term count, and have compared the NYA, INDU, SPX, RUT, TRAN, BKX, WLSH and several others — partially because, due to the indicators, I’m having troub…
SPX cash hit the 8 day cycle centerline at 1320 late on Friday and immediately began to pull back. It had also hit a 2…
SPX (cash) tanked on the open in NY after hitting its 2 day cycle projection late Thursday. The gap down triggered sell signals on 2…
In studying the charts tonight, one conclusion is certain: the market has no intention of making this one easy right now. I can see at least half a dozen viable short term counts in the charts tonight. And then, just as…
As predicted, Wednesday’s normally seasonally-bullish session turned into a big red candle. That in itself should tell us something about this market, as that marks only the second time in ten years that the Wednesday before Thanksgiving&nbs…
So far, the market has lived up to my prediction of a waterfall decline, and now everyone wants to know if it’s going to continue. Today we’re going to take a look at a few things and try to answer that.
First of all, it helps to know what a waterfal…
So far, the market has lived up to my prediction of a waterfall decline, and now everyone wants to know if it’s going to continue. Today we’re going to take a look at a few things and try to answer that.
First of all, it helps to know …