http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 You have heard of the famous market engraved invitation. Here it is in the flesh. Strong buying signals with the gap on top of power bars. We bought additions…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 While the 1000th letter is in preparation this comment is in order. What we have conjectured as a zeta wave looks strong enough to be showing buy signals. We…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Like a man playing with a cobra we have been watching the market waiting for it to bite us. This is not our usual posture. We are never deterred…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Eight days of constructive activity can salve a lot of hurt feelings. It can also do a lot to repair the chart. In fact we can now see some…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 The short sharply sloped trendlines here tell the recent story -- contrarian influence and trading markets. And all trading within the box we described here http://www.edwards-magee.com/?p=5596. The immediate situation is…
