Market votes early… with an exclamation point!

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 A day like today can't be ignored:  2.22% 46+ points in the S&P.  The media has interpreted this explosion as market relief that Hillary will win the election.  That, of…

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Downwave?

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We sniffed at the triangle when price fell out of it, and till today it looked reasonable to discount price behavior and even regard it as a bear trap.…

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Between the devil and…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p10599378927 In this bizarre political season, in this surrealistic country, the market frequently gets kooky or kinky (maybe not kinky--that's the province of the great orange one).  (In the investment…

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More (or less) of the same…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We have been watching closely as price fell out of the triangle.  Under different circmstances we might have taken it as a short signal.  But in the present context…

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