http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 The formation is formless here and the trendline is more or less invented, so buying at this point requires some boldness. It would be more conservative to wait for…
http://stockcharts.com/h-sc/ui?s=IWM&p=D&yr=1&mn=0&dy=0&id=p42567425598&a=350518198 The most superficial examination of the IWM reveals details with negative implications. A two month downtrend is obvious and prices are approaching the horizontal trendline. This trendline may…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Where is Madonna when we need her? Oh, right, in the creche. What we're praying for is a trendline. This wave is without a valid upsloping trendline. So…
http://stockcharts.com/h-sc/ui?s=QQQ&p=D&yr=0&mn=6&dy=0&id=p10072938397&a=266692690 We jest -- giddy with delight that Washington took the gun away from the head of the economy (until February...February? OMG not again). But live for the…
http://stockcharts.com/h-sc/ui?s=IWM&p=D&yr=0&mn=3&dy=0&id=p94198347578&a=229975465 So many issues have broken out that it is difficult to track them all. Looks like the running of the bulls. IWM is in the…
