http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p16768279576&a=214966864 Actually, nothing strange about this chart, except that it pictures a rocket lift off, 64 points in two days -- 90% updays. As we often take extreme powerbars like…
http://stockcharts.com/h-sc/ui?s=TLT&p=D&yr=2&mn=0&dy=0&id=p88954422605&a=261274354 TLT is a bag full of technical events. First the long term trendline from July 11 is broken. Second, a toppy formation as defined by the horizontal line looks…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p16768279576&a=214966864 In a fit of relief the market responded to the long debated fiscal cliff avoidance by Congress and blew away on the upside. We closed all our hedges and…
