Technically….

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 Technically...technically the buy signal which occurred 7 days ago on the power bar leaving the little congestion pattern has been thrown into doubt.  This happens because of lack of…

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Tiptoeing along the razor’s edge…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=7&dy=0&id=p10149991945&a=259588108 After 22 days and and 8% wave prices have reacted across the wavelet trendline.  As we have often pointed out it is the length of the trendline which…

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