Commodities Wedge Pattern Should Lead To Huge Move!
During the COVID pandemic, commodity prices soared. And this lead to a bout of inflation that we hadn't seen in years.
But commodity prices have...
2-Year Treasury Bond Yields Near Important Fibonacci Support!
The Federal Reserve has paused its interest rate hikes and inflation data seems to be leveling off. We'll see.
All in all, bond yields (interest...
Post Tech Earnings & FOMC: Give Retail Investors Credit
Although Microsoft and Alphabet Inc reported better than expected earnings, after hours and then with follow-up during the trading session, sellers came out to...
Tech Stocks Reach Important Price Resistance Level!
The end of year rally has trickled over into 2024 and it has been lead by tech stocks.
But has the rally gotten long in...
5 Breadth Indicators To Watch as S&P 500 Makes New All-Time Highs
Legendary market strategist Paul Montgomery used to say, "The most bullish thing the market can do is go up." But are new all-time highs...
Why Dow Jones Industrials Race to a Top Will End Badly (Elliott Wave)
Of the indices we've covered this month, the S&P 500 ETF appears poised to eke out a minor new high above that of 2022....
Tech and Growth ETFs Go Fast and Furious While Others Idle
Let’s get right to it. The charts and our tools are telling.
First, I look at moving averages and phases.
Second, I look at Real Motion...
Bitcoin U-Turn? Reversal From Important Fibonacci Level Sends Bearish Signal
Bitcoin chatter is rising again. With new ETFs coming to market, crypto investors are getting very bullish.
Is this a good thing? Or is too...
Trend Trading with January’s 6-Month Calendar Range Reset!
We are super excited to announce that today starts the official January 6-month calendar range.
As you can see in the chart for Apple, the...
Will The S&P 500 Decline To 4300 By End Of February?
We kicked off the new year of 2024 with an overheated stock market, excessively bullish breadth indicators, and euphoric sentiment levels. While the first...
