http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Evaluating the volume here it is clear something is up--probably accumulation. Nonetheless the wave which started Nov7 is now consolidating (or, less likely, reversing). The trendline is well broken…
http://stockcharts.com/freecharts/pnf.php?c=%24INDU,PWTADANRBO[PA][D][F1!3!!!2!20] The PnF chart of the INDU pretty much expresses the market situation. A long period of sideways chop has given way to a breakout, and the…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 And with no need for a nose job. Today's candle is about as plain a buy signal as you could want. Incidentally there is supposed to be a seasonal…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Withal, a desultory week to top off the holidays. You would not think it worth comment -- except-- nattering talking heads are calling this the end of the…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=488866143 The S&P has broken to new highs. Contrarians lick their lips and start shorting. Trend traders add to their positions. Given the madness of the market and the national…
