Words from the wise
Occasionally as we thrash about the web we see articles that strike us as worth reading. We could steal the content but we'd have to turn in our Eagle Scout…
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Words from the wise
Gold and silver break out. SPX turned back at resistance.
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=255869372 Gold and silver (not illustrated here) have broken out and we are placing long trades in these instruments. http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p70413847164&a=214966864 Meanwhile it appears that the SPX has been turned back…
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Gold and silver break out. SPX turned back at resistance.
Potential breakaway…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p70413847164&a=214966864 For 8 days the market has been eating the shorts' lunch -- in the most demoralizing way possible -- a tiny bite at a time. Today the market is…
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Potential breakaway…
Risk on, risk off, Vix on, vix off, shell game continues
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p82246327493&a=214966864 Just looking at this chart the trend analysis is simple and incontrovertible. We have an upwave with 4 higher lows and 4 higher highs. In each of the wavelets…
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Risk on, risk off, Vix on, vix off, shell game continues
Can’t keep a good market down… pundits notwithstanding
We are in the process of watching a take no prisoners struggle for control of the market. Last week the market was hammered by four days of hard selling --…
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Can’t keep a good market down… pundits notwithstanding