http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 The jungle drums have been beating for a few weeks now that some large investors and hedge funds are going to cash. (Wait. Did they ssay crash?) We know…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 Friday the chicken littles were finally right. A piece of the sky at last fell as the chickens rushed to get out of the way of rising interest rates.…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 Last letter we referenced the PnF charts for the major indices, which are uniformly very optimistic. At the moment we are barely out of the muck, but we are…
For the spx the method looks for a target of 2360, the indu 19800, the Qs 5950. Road signs on the way to Dow 36000...or Mars... …
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 Today the SPX closed at a new high. In Dow Theory terms this would be a confirmation. We are a little harder on the market than Dow. We want…
