http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 The old Chinese proverb regarding mind control is "Kill the chickens to scare the monkeys." We have just witnessed an example of this, complete with spurious trendline breaks. Meanwhile…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 Readers, investors, traders -- everybody -- is (are) taking a deep breath and nervously looking over his shoulder to see if the Halloween market is gong to serve up…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p45656388815&a=266398464 After quite some contemplation and analysis we concluded that the down wave is over -- for the moment at least. How long "over" lasts is now the question. Could…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=9&dy=0&id=p64175392383&a=371393763 The trendline is from mar09. Broken. The upper moving average line is the 50 day SMA and the lower line is the 200 day SMA. Broken. We record them…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 We are fortunate in having alert and sharp readers, one of whom pointed out that a 10% downwave would reach 1818, not 1888. We have corrected the chart and…
