Hanging in the balance…
Here the crucial trendlines from the March 09 bottom. Any way you slice it the sloped trendlines are almost irrelevant at this point. The dominant and ominous line is the…
Technical Analysis of Stock Trends
Here the crucial trendlines from the March 09 bottom. Any way you slice it the sloped trendlines are almost irrelevant at this point. The dominant and ominous line is the…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p52855211355&a=205639989 It is obvious that the market has not yet settled down. We think that it is expressing strong, if not paranoic doubts about the ability of the Congress to…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p52855211355&a=205639989 (This letter depends on the reader's having read Technical Analysis of Stock Trends, 9th Edition Chapters 28 and 28.1, and/or StairStops. Your survival in the market depends on your…
http://stockcharts.com/h-sc/ui?s=EWM&p=D&b=5&g=0&id=p30923843948&a=205610531 http://stockcharts.com/h-sc/ui?s=EPP&p=D&b=5&g=0&id=p10821119644&a=205610672 We looked at a long list of ETFs having to do with Eastern Europe, Asia, Japan, etc. Yesterday all these listed threw off buy signals: (EWM and EPP…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p03149889863&a=204730441 While there are still razors all around us today's action tripped the Basing Point Stop signaling a buy in the indices. We bought the Dow, S&P and Qs ETF…