http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p64823856337&a=376488190 It is gratifyig to have intelligent and alert readers. One of whom looked at the above chart and said, isn't this a broadending pattern? Broadening patterns have large…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 We have often remarked on the tendency of the market to sell off before starting an advance -- like a quarterback throwing a head fake at defensive backs to…
http://stockcharts.com/h-sc/ui?s=QQQ&p=D&yr=1&mn=0&dy=0&id=p71514206946&a=350515648 Obviously we are having a breakout day with the SPX up -- at one point -- 17 points. The Dow up about 150. We joined the buying panic…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 Screaming signals. Gold gaps and a power bar. Actually we don't think there is an explanation for this action. Peripatetic pundits natter on about inflation, Iraq, tea party…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=2&mn=6&dy=0&id=p46848720526&a=234983962 We have been struggling with the gold chart for hours and hours trying to understand what we are seeing. We have been bearish on gold for some…
