In general the only reading we recommend is the chart, and it doesn't take a lot of verbiage to analyze it. Also brevity is the soul of wit. We'll be…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p88150915824&a=214966864 Last week while twiddling our thumbs and indulging in occasional fits of rage at Congress -- delay the scoundrels getting out of town at Washington airport and they can…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p53507150799&a=214966864 Frightened by the proximity of the trendline prices rebounded -- even with fake tweets bombing the market for 4 minutes. WE now have three days of strong rebound. The…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p09343555801&a=214966864 The uppermost (77 day, 12/31/12) trendline looks to be broken and the 109 day (11/16/12) is cracking. We say looks to be because in Magee's opinion a trendline had…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p34555890157&a=214966864 Back during the bungee markets of Jul-Dec 2011 We compared the markets to drunken squirrels running up and down a tree. It is entirely possible that we are entering…
