http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p62881197949&a=207879904 The sideways drift in the SPX in late September -- and other indices -- resulted in the construction of a more reasonable trendline, the last on the chart. The…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=6&dy=0&id=p23550335056&a=203282120 This is a buy signal in gold. (And the other metals.) This may be the beginning of a blow-off. We would move our stops to 3% under yesterday's low. …
http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=0&mn=6&dy=0&id=p39697041562&a=203282119 Today we sold our Qs position as well as our TBT position and scaled out of some of our SPX position. TBT we didn't like as the downdraft in…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p40849239716&a=209481263 Notice how beautifully the top of this range is defined by the top horizontal line. The bottom is also well defined, but not so beautiful. Also the tenuous nature…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p01433014824&a=207879904 We are in a bit of tight spot from the point of view of trendlines here. In effect there is no good anchor point in September, leaving us to…
