http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 As if you would ever trust it. Only if you were in a fugue state. Or drugged. The market has basically been in a muddle for ---simple count…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 The last volume bar here is ominous. Volume spikes like this sometimes mark the beginning of a wave, and sometimes the end of a wave. And sometimes a…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 While the trendline at 5 is broken its consequence is minimal -- a 25 day upwave just notable for making a new high and drawing the attention of…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Mr Chicken we've seen you before. In fact every time we make a new high the chicken fanciers hammer the market. We can understand this -- what with…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Chicken dentistry ranks among the most difficult of the medical arts. If the chicken is not hard to catch in the first place (being often in a hot…
