Several interesting technical phenomena are vying for attention here. The apex of the triangle is traditionally a resistance point and prices are approaching that point. Second, a false signal becomes…
A near 3% day in the S&P will tend to get your attention. It got ours and we lifted our trading hedge, leaving us long the SPX. The downwave --up…
It is not wise at all to ignore chart formations. The triangle we pointed out as the present dominant formation in the market appears to be working -- or wreaking…
Why did the market not tank in October? Simple. It encountered strong support at the lower horizontal line. From 2010? you say. Indeed. These zones can have influence over years. …
The Italian commedia dell'arte starring Sylvio Berlusconi as head clown begins to bear fruit -- strange and bitter fruit -- worldwide. Clown, mafioso, master manipulator, whoremonger, cancer at the heart…
