http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p34555890157&a=214966864 The bear attack (the REAL bear attack) we have been talking about for a week or so started on the opening today and drew blood all day long. Much…
Earlier today we noted that the Dow Transportations (etf IYT) was breaking some medium term trendlines. That provoked us to examine some other important charts and what we saw made…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p34555890157&a=214966864 The title is just a bit of cheap irony. As we say occasionally, the cynicism on this site is so cheap that minimum wage workers can afford it. …
http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=2&mn=0&dy=0&id=p69143808658&a=252013707 We have previously remarked on reasons no crash was imminent -- that the present wave structure is not characteristic of radical counterwaves. Above is another technical reason that no…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p43940581799&a=214966864 As certainly as there is a high tide, there will be a low tide. As certainly as equity peaks it will experience lows. Waves ebb and flow. The higher…
