http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 The market has been hammered repeatedly over the last 10 days or so, so naturally the WSJ, attempting to explain the unexplainable, attributes it to fear that global growth…
We may be a bit ahead of the curve here, but the chart for the Russell 2000 looks a lot like the chart patterns which appeared in 2007-08. And the…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=2&mn=9&dy=0&id=p43220082674&a=255869372 Gold and silver are in extended downtrends. Worse for gold it has just broken to new lows on a gap down. Being long is an invitation to a diagnosis…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 We saw the market turn on a dime Thursday, a reversal which is being confirmed today. We immediately lifted our hedge and reestablished our UPRO (SPX) positions. Readers who…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 The market is telling us to get serious. Sailing leisurely over a great bull market is pleasant business. But when you hit the Bermuda triangle you have to get…
