http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 The old Chinese proverb regarding mind control is "Kill the chickens to scare the monkeys." We have just witnessed an example of this, complete with spurious trendline breaks. Meanwhile…
(no link--go to stockcharts.com) The PnF chart thinks we have a target of 2040. We think that is the lower end of targets. An analyst we very much respect,…
http://stockcharts.com/h-sc/ui?s=QQQ&p=D&yr=1&mn=0&dy=0&id=p71514206946&a=350515648 Obviously we are having a breakout day with the SPX up -- at one point -- 17 points. The Dow up about 150. We joined the buying panic…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 With Memorial day on us it is worth reminding readers of the horrors of World War I. After a series of indecisive battles (and the German failure to…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 Forget the science part. There is none at present which is dependable. Technicians are running around crazily calculating RSIs and MACDs and computing cycles and "analogues" and throwing…
