S&P 500 If today follows through with more downside, the bounce scenario would be in trouble. [Note: When I began the update, futures were down handily, and at its completion,…
The market bounce (whether very mini to SPX 1915 or maxi to 2000) is in progress (see public post from this morning for more on this). Within this we need…
We have been looking for a short-term bottom based on support for Dow and NDX, and now broken support for SPX (potential whipsaw?). We noted the Internets at the bounce…
As we have reviewed by various charts, several indexes are broken. But the Internets, which we had noted could be a buy at 280 in a market bounce scenario, are…
We have been noting that the headliners, SPX, NDX and Dow have clung to or above their 2014/2015 lows and that much of the rest of the market is in…
Using our simple daily chart I want to get you a look at the status of SPX, NDX and Dow. I have shaded the key levels from the August and…
Note: I have a challenging day today and will be away from the market for most of the rest of the day. An alternative way (to shorting the market or…
There is no clearer a reason why I should not be counted on as a straight stock picker than the fact that I went through a whole weekend, wrote a…
A heads up to anyone who may have gotten bearish the Semi's per recent analysis or taken the LRCX NFTRH+ short trade. SOX is close to the first downside target…
In NFTRH 376 it was noted that I would be watching BBRY for a pullback in order to buy it back. That pullback has come about this week as BBRY…
Using the SPX daily chart as an example, I want to focus in on how I am seeing the short-term breakdown in the market. As you can see, SPX has…
Here is XLE today, very bearish and at key support. Energy sector bulls are watching closely on the short-term. I am not. That is because we still have the unresolved…
Below is an updated view of the daily multi-index chart marked up with red candles projecting the open (futures as of 6:45 Eastern Time). The market is dropping right to…
Another quick snapshot of the US market. It was a perfect hit of the channel bottoms and support levels. While I remain intermediate-term bearish the markets that stance only firms…