Bouncing Like Clockwork: IWM’s Bear Trap Springs Again
As the Russell 2000 (IWM) broke below it's 50-Day Simple Moving Average (SMA) last week, we noted the same day that the 12 previous...
Observations On a Year Spent Buying the Dip
Like few other times in history, US stocks have just enjoyed a year of exceptionally low volatility. It was a period during which the...
S&P 500 Technical Update: Bears Wrestle For Control
It goes without saying that the bulls have been getting the best of the bears from a macro perspective. But the price action since...
S&P 500 Update: Technical Support Levels In Focus
Yesterday, the markets confirmed that the markets are in a state of chop. Some could say that a smack down is in the offing,...
Chartology: Global Equity Indices on Watch
Yesterday's near global stock sell off pulled some equity indices back into resistance zones early March seemed to extricate them from, while others saw...
Chartology: XLB, XLV, IBB, ISIS, GILD, BAC, SCTY, MSFT, EUR/USD
Here's a small slice of those charts I'm looking at as another trading week wraps up.
Market Cap Relative Strength
Relative strength across market capitalization remains...
Chartology: IBB, SPY, ISIS, SOX, AAPL, BAC, USDJPY, GLD
As today's session closes out on the benchmark S&P 500 (SPX) as an indecisive spinning top candlestick with bulls failing to press yesterday's attainment...
S&P 500 Technical Update: Stay Focused On The Price Action
Quick question and thought before we dig into the S&P 500 price action. What do you want to see happen to the stock market...
Nikkei Underperformance And The ‘Broad Range’ Setup
After an historic stock market run higher for the Nikkei 225, many investors and economists began to ponder the positive effect Abenonmics. But a volatile,...
Decimation: Will S&P Futures Rise 10 In a Row?
S&P Futures (Symbol: ES) are modestly chiseling away at their tenth consecutive day higher on this President's Day, an event that has occurred only 2...
