http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p09343555801&a=214966864 The uppermost (77 day, 12/31/12) trendline looks to be broken and the 109 day (11/16/12) is cracking. We say looks to be because in Magee's opinion a trendline had…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p34555890157&a=214966864 Back during the bungee markets of Jul-Dec 2011 We compared the markets to drunken squirrels running up and down a tree. It is entirely possible that we are entering…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p34555890157&a=214966864 The bear attack (the REAL bear attack) we have been talking about for a week or so started on the opening today and drew blood all day long. Much…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p34555890157&a=214966864 http://stockcharts.com/h-sc/ui?s=$INDU&p=W&yr=4&mn=0&dy=0&id=p95004260755&a=268628424 In this comparison of peers the better picture of the market is the indu, and we think it better reflects the true state of the market. The very…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=6&dy=0&id=p88568909625&a=223624367 http://stockharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p34555890157&a=214966864c Last Thursday we thought a bear attack on the market imminent and expected it to take place on the weekend when all our readers would be playing golf…
