http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=7&dy=0&id=p07596482712&a=408600621 We have pointed out that trading in the box here is most likley a vain enterprise. It will be even vainer if price breaks this lower line convincingly. We…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 It seems to us that the SPX (and thus the market) is headed for a retest of the September low. There may be a day or so of upside,…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Occasionally we check in on Marketwatch.com, mostly for laughs. And laughs is mostly what it's good for. But this week we became sensitive to the potential damage taking it…
http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=1&mn=0&dy=0&id=p27293583434&a=424016262 We have remarked that we consider this year long action one formation. And -- with 20/20 hindsight it is now clear that the systems Basing Point should have remained…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Houston we have a conundrum. But we may have a cunning way to deal with it. The market has broken the Basing Point stops. The mar09 tsrendline is broken.…
