A person is placed on suicide watch when he or she displays certain self-destructive patterns and behaviors. Likewise, a market is placed on crash watch when it displays certain destructive patterns and behaviors. As I’…
Yesterday the market traded up a little farther into the target zone, and has now satisfied the minimum requirements for the fifth wave up we’ve been looking for since February 8. I literally spent six straight hours charting…
There’s a trap that’s easy for analysts to fall into. Let’s imagine you’ve been bearish for a while and anticipating a top. Let’s also imagine that the market has continued going up anyway, and yet continues to give…
Yesterday, I spoke about the possibility that Minor Wave (2) up could complete its top within hours, and it’s entirely conceivable that came to pass yesterday. Once again, the market gapped up, and once again, the bulls took it nowhere …
There’s been no material change in the counts since yesterday. The expectation remains that a top will form sometime over the next week or two. Bear market bottoms tend to be V-shaped, but bear market tops are affairs that generally la…
This market is a mixed bag of messy charts right now. But many of the indicators I’m looking at are now suggesting the market is within 2% of a top — potentially an extremely major top.
From an Elliott Wave perspective, it rema…
There’s been no material change in the counts since yesterday. The expectation remains that new lows will follow this rally. The primary question in my mind right now is whether that was it for the snap-back rally, or if there’s one mo…
This Energizer Bunny rally continues to surpass every target I’ve set thus far. My expectations leading into it were, quite frankly, wrong.
The one consolation I can take is that — while my price targets are being blown th…
Here’s what I know for certain: there’s a big move coming.
With the new high on Friday, stocks have reached a critical inflection point which could drastically change the expectations and projections going forward. Since the r…
