http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 One of our alert readers examined our nov12 trendline and pointed out that the line was penetrated. This is the kind of reader we all need. So we…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 Since there is not much you can do when your opponent has you in a headlock and is hammering you we tried to figure out how bad it…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=7&dy=0&id=p23340123349&a=298224028 Thursday's air pocket tore a short term hole in the trend and blasted through several trendlines. The trendlines from Feb and Apr would certainly foretell further damage. Worse,…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 Although the day is young, a 30 point move in the SPX with a broken trendline is sufficient for us to begin hedging. We closed some UPRO positions…
Top chatter continues apace and some talking heads are worried about the fact that there has been no correction for 70 odd days. In line with that the Tell on…
