http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p01433014824&a=207879904 We are in a bit of tight spot from the point of view of trendlines here. In effect there is no good anchor point in September, leaving us to…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=2&mn=0&dy=0&id=p29426735132&a=205639989 In general we evaluate the market through the lense of the Dow. And in general this is effective. Occasionally there is a divergence between the three major indices (Dow,…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p62881197949&a=207879904 Two power bars in five days. One a breakout, and the other a confirmation. Rushing on to October we only had three down days after the breakout. What does…
http://stockcharts.com/h-sc/ui?s=REE&p=D&yr=1&mn=0&dy=0&id=p58552130685&a=209299648 Financial writers can be snarky at times and the current Marketwatch has a semi snarky column on Jim Dines and rare earths. Dines is indeed a rare bird in…
http://stockcharts.com/h-sc/ui?s=FXE&p=D&yr=0&mn=6&dy=0&id=p88765093810&a=203282122 In case you missed our earlier letter about the euro, here it is re-emphasized in spades. Broken fan lines, gaps, power bars and eye catching volume. And it just…
