http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 Although the day is young, a 30 point move in the SPX with a broken trendline is sufficient for us to begin hedging. We closed some UPRO positions…
Top chatter continues apace and some talking heads are worried about the fact that there has been no correction for 70 odd days. In line with that the Tell on…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 The pyrotechnics of Thursday and Friday might obscure what is going on. But we should look at those days just briefly. Thursday was a day of professional panic.…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 Traders have been nervously circling the chairs eyeing other traders in an effort to be first to grab a chair when the music stopped. The music stopped with…
As the PnF chart thinks we are still in the bull market with a target of 2040. Do we believe it? Come now. How many times have you…
