The market remains in the doldrums, with every sign pointing to a continuation of the ennui. The 10-12 month cycle is ideally due to peak on Monday, but a variance of a month or two is normal. Unless key support lines are broken, the odds will continue to slightly favor a move to the projection…
Tag Archive for Continuation
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and BKX Updates: Rare Top Indicator Triggered on Friday
by Pretzel Logic • • 0 Comments
Before I get to the indicators and market charts, I want to do a quick update about domestic mutual fund flows, with some new data that has come to my attention.
Last week, we discussed the high number of mutual fund outflows which have been …
Lee's Free Thinking, Liquidity Trader Complete, Professional Edition
Liquidity Stagnant as Fed Sits on Hands, US Market Health Dependent On European Bank Diarrhea
by Lee Adler • • 0 Comments
Liquidity indications were mixed last week, with the Fed still not doing much while foreign central banks were net sellers (see Treasury update). Commercial banks started dumping Treasuries again, but their non-Treasury/non-GSE trading accounts did uptick against a bearish trend. The big plus was again bank inflows which surged massively. Follow the money. Find the…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and BKX Update: Next Move Should Be Lower
by Pretzel Logic • • 1 Comment
While virtually every technical analyst on the planet is watching the bullish triangle “continuation pattern” that’s been forming in the indices all month, I have stated on several occasions that I don’t think it’s real. After studying …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: The Picture is Again Becoming Clearer
by Pretzel Logic • • 0 Comments
For once, what I found most interesting about yesterday wasn’t the charts. It was the push that suddenly materialized from the Fed to assure the market that the stimulus guns were ready, and loaded for bear. I found that quite unusual, because th…
Bears Chat, Best of the Forums
Gold Continuation Pattern Targets 2100
by Bears Chat at The Wall Street Examiner • • 0 Comments
Just another step along the way to the long term targets.
Gold Continuation Pattern and the Breakout to 2100
Bears Chat, Best of the Forums
What’s the most outrageous, seemingly-impossible…
by Bears Chat at The Wall Street Examiner • • 0 Comments
Well, for me it’s a continuation of the insane interest rate chart trend, shown below.
Really, if someone would have told me that in 2011 the U.S. will have racked up $15 trillion in sovereign debt (plus another hundred trillion in “off the books” obl…
Bears Chat, Best of the Forums
The REAL reason the S&P downgrade is a disaster for the economy
by Bears Chat at The Wall Street Examiner • • 0 Comments
There’s already been a bevy of analysts coming out with their forecasts on what the S&P downgrade means for the economy, what it will do to interest rates, other financial institutions, junk borrowers, and other entities somehow connected to the US …
Bears Chat, Best of the Forums
Our Economic Future: From Best to Worst Case
by Bears Chat at The Wall Street Examiner • • 0 Comments
WORST CASE – WAR
War is the worst thing that can happen to an economy, but it’s also the most likely thing at this point. When the going gets tough, the people in charge like to blame somebody else for the problem. That’s compounded by the f…
Latest Business Headlines, Professional Edition
Market Prepares for Ben Bernanke Show
by Lee Adler • • 2 Comments
The indicator picture is inconclusive at the moment, but if the market is able to break out through the 1340 area, that should lead to a continuation move toward the 13 week cycle projection range, which has been moving higher. It’s fitting that the market sits at a major inflection point as it waits for…