Heads and shoulders–upside down, or Kilroys

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=7&dy=0&id=p10149991945&a=259588108 Recently analysts have been talking about a head-and-shoulders pattern in the SPX.  We can't see a H&S but we see a Kilroy, or reverse head-and-shoulders which we have marked…

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Fool’s gold, fool’s silver….

http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=0&mn=9&dy=0&id=p15218233755&a=236108789 We traded the flag here in silver in August and made a little profit.  We remarked on it at the time.  The power bar at the end of the…

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Bear baiting and naked mud wrestling…

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=5&mn=0&dy=0&id=p54002857514&a=234104255 Sometimes we are amazed at what the analytical community (and talking heads, and nattering nabobs and beauty commentators) misses -- as in this picture which shows prices bouncing off…

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Finally, movement!

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p33682367285&a=214966864 After 8 days of shifting from one foot to the other the market finally took a step.  In the right direction.  Prices today crossed the resistance horizontal line.  And…

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