Trend Analysis

Most days recently I’ve been posting a rising channel from the 1536 low, and I posted on twitter yesterday that channel resistance was hit at 1684.6 and there was leeway for a push through to 1685/6. I was frankly irritated when SPX then reached 1687.18, which was a clear breach of my channel resistance trendline. [...]

Back in April the market experienced a similar sell off for 63 points. What happened after the initial major down day was a few days of very large gaps (10pts and greater), before the market settled down and eventually resumed the up trend. Also in late February the markets went through a similar increase in [...]

bulls will want to see the 3x1 (red line) and the 2x1 hold note 1680 was 144 points from the 1536 low 1666 was 1000 points from 666 low (250% )

There is no shortage of thirst for income and yield among investors. Nor is there are a dearth of available ETFs with which to quench that thirst as fund sponsors have met investors’ desire for income products with a spate of new dividend ETF introductions over the past year. [State Street Readies...

The sell-off continued overnight. The ES lost another 20 handles and hit the support area at 1630-33:

a big engulfing candle after 2 dojis...

April 14, 2013: USDJPY daily / weekly / monthly charts show EXTREME OVEREXTENSION with risk of collapse.

Finally,a reversal candle on the Dax . We tagged the 360 degree level on the Gann wheel (using 3 digits) The question now is was this extraordinary move of the last 3-4 weeks a blow-off,false break out of the 2007 highs ?