Downwave?

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We sniffed at the triangle when price fell out of it, and till today it looked reasonable to discount price behavior and even regard it as a bear trap.…

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The Long View…

Being that the short view is so tedious, we thought we would take a look at the long view.  It may surprise you, but the bull market which started in…

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More rash and bold targets. (That we do not stand behind…)

http://stockcharts.com/freecharts/pnf.php?c=%24SPX,PWTADANRBO[PA][D][F1!3!!!2!20] Perhaps the pressure has been too great-- perhaps space weather (mass coronal expulsions) is bearing down on us -- perhaps we've been lead poisoned by the water --perhaps it's…

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Probing for the bottom…

  weekly bars http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=2&mn=0&dy=0&id=p19867336111&a=440585757 We expect, any moment, a bounce from the waterfall wave we have seen for almost two weeks.  Perhaps as early as tomorrow (Tuesday).  The magnitude of…

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