http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p97142210271&a=214966864 Two views of the S&P. The nearby view in the first chart prompted us to put on some hedges to our positions in the SPX and the Qs. This…
http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=1&mn=0&dy=0&id=p10598217450&a=268628380 We have often demonstrated that the long term view of the market is not expressed in daily bars. In Sacred Chickens... we documented the power of weekly bars as…
http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=10&mn=6&dy=0&id=p80479235585&a=239474174 Not a single analyst, pundit, tea leaf reader, investment scam letter -- literally no one has remarked, or noticed perhaps the most important technical fact about the present market. …
We have a short time ago bought and remarked on the Qs. Here is the story since March of 09. That trendline, when broken (as in all the indices, created…
When markets panic there are always "smart" traders who seize on the "oversold" situation to scrounge for bargains. This is how B waves are formed. C waves are formed when…
