Stop right there…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 As seen a short term trendline is broken, more significant at this moment than usual because of the precarious state of the market.  bp10 has raised the long term…

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Parabolic markets, flags flying…

  http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=7&dy=0&id=p59103334454&a=298224028 After five months of sideways markets prices broke out and are now accelerating.  It appears that the present markets are being characterized by many flags.  Here in the…

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Presto–change-o…

Barely had we sympathized with Dennis Gartman that the  market was going irrational when prices turned around and made it safe to go back in the water -- with some…

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