NFTRH; US Market Projected Open & Support Reviewed
Just a quick visual. This morning’s hysterics are going to bring the indexes to the daily support levels we have noted. Here is the multi-index chart marked up with the…
Just a quick visual. This morning’s hysterics are going to bring the indexes to the daily support levels we have noted. Here is the multi-index chart marked up with the…
First of all I want to wish you a happy new year. I for one am looking forward. Speaking personally, the market has been pretty difficult to deal with. I…
These are speculative stocks and I ask that you research them yourself if at all interested, even in a trade. This update simply notes two bottoming patterns, one activated and…
Here is the SPX daily chart showing the log scale view of a potential topping pattern that is so far holding to the script of 'comps' 2 and 3 (comp…
As you know, the favored plan is for the US stock indexes to finish bouncing at or below the top channel line parameters per yesterday's NFTRH update (I've begun slowly…
Santa has finally arrived as the markets bounce from support levels we noted in NFTRH 374. Surprising? Not in the least. This low volume rise makes the market look like…
Given the bounce potential in the sector (with the 100 area support we noted on HUI as a general sector-wide stop loss) I thought I would pop up some daily…
From the Quantifiable Edges blog (linked at both nftrh.com and biiwii.com if you ever want to reference it) comes this interesting 'quant' of what happens after the Fed begins hiking…
It is and has been pretty simple. Using SPX as an example, the first bounce target was 2050 to 2060, which includes all the moving averages. That has been registered…
Admin note: The sporadic email kick-back issue had disappeared after I made a complaint to Google. I thought it was highly improbable they would actually do something for one tiny…
SPX has dropped right to the support zone we noted, and is trying to bounce. NDX and Dow have not approached their commensurate supports. I have removed the lower triangle…
It is in-day, and this market just loves whipsawing everyone. So the caveat is that it could easily close back within the parameters we had set out. But as of…
Major US stock indexes are still in the patterns we noted over the weekend and the Transports not only remain below resistance, but broke down further. The Russell sported a…
For those taking the ride, here is the bounce status of GDX, GDXJ, GLD and SLV using daily charts and some macro charts as well. When managing a bounce within…