http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p82246327493&a=214966864 Just looking at this chart the trend analysis is simple and incontrovertible. We have an upwave with 4 higher lows and 4 higher highs. In each of the wavelets…
We are in the process of watching a take no prisoners struggle for control of the market. Last week the market was hammered by four days of hard selling --…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p68983365835&a=214966864 Or through a glass darkly...when we first heard that Knight Capital had blown $400MM we got it confused with the massacre at the midnight showing of Dark Knight where…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p68983365835&a=214966864 In a trice the market mood changed Thursday and Friday. Prices tore through the previous high Friday on strong power bars. It took 2 days to recover a nasty…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p68983365835&a=214966864 Just when it appeared that the market was about to be run over by the bears the Europeans made nice sounding noises and rescued prices from taking out the…
