http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 Often it is not just what happens, but how it happens. Yesterday prices powered up on a distinctive power bar to close at a new high. New highs make…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 We are now in the zeta wave and today it is piercing the downtrend signal line. This should indicate that the days of the downwave are numbered. The…
Last week a number of issues gapped up, which we will illustrate shortly. Now we almost never met a gap we didn't like but these are making us a bit…
Earlier today we noted that the Dow Transportations (etf IYT) was breaking some medium term trendlines. That provoked us to examine some other important charts and what we saw made…
http://stockcharts.com/h-sc/ui?s=IWM&p=D&yr=3&mn=0&dy=0&id=p18832448732&a=229975465 IWM looks to us like a promising chart. It has just broken out from what could be a significant base. It, like everything else, is waiting to see…
