http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 While the 1000th letter is in preparation this comment is in order. What we have conjectured as a zeta wave looks strong enough to be showing buy signals. We…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Like a man playing with a cobra we have been watching the market waiting for it to bite us. This is not our usual posture. We are never deterred…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Eight days of constructive activity can salve a lot of hurt feelings. It can also do a lot to repair the chart. In fact we can now see some…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 The short sharply sloped trendlines here tell the recent story -- contrarian influence and trading markets. And all trading within the box we described here http://www.edwards-magee.com/?p=5596. The immediate situation is…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=7&dy=0&id=p07596482712&a=408600621 We have pointed out that trading in the box here is most likley a vain enterprise. It will be even vainer if price breaks this lower line convincingly. We…
