Dow up. TLT (bonds) down. Big breakout? Could be.

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&b=5&g=0&id=p75064008702&a=203281655 Signals are like men.  Sometimes they are dependable, sometimes not.  Thursday's power bar appears to be a very strong signal, and only time will tell.  But as analysts, traders…

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SPX,GLD,SLV,F,DIA–Buy buy buy…Eat, Drink, Pray…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p35413284069&a=207879904&listNum=2 Yesterday's market was a sidewinder, ready to sink it's fangs into anyone taking a position.  Today it struck -- and bit the shorts, the double dippers, the heads and…

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Sideways sidewinder. SPX, FXE

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p35413284069&a=207879904 It may be too early to say so, but it appears that the sideways drift in the major indices may qualify as a sidewave, thus replacing the anticipated downwave. …

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Sold shorts. Sideways.

http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=0&mn=6&dy=0&id=p39697041562&a=203282119 We took another look at the Qs and decided we didn't like our shorts there and so closed them.  On reanalysis the trendline was not sufficiently penetrated.  We also…

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