SPX Fills Gap, as Expected
SPX has bounced to 2080 to fill the gap.
SPX has bounced to 2080 to fill the gap.
A friendly reminder to the bears. Though what is going on in the markets seems awful and indeed could be signaling macro changes to come, the US stock market is…
Bulls obviously have some work to do now. As noted, the break from this Symmetrical Triangle is probably going to establish a trend (finally) for the market. As of this…
Well folks, they never make it easy do they? As of now the SOX is firm as apparently the Intel hype could not break the chart (though it did put…
In a post late last week it was noted that the leveraged long NDX fund TQQQ was shorted. Well, a quick profit is now booked. It's not a good looking…
Actually, I am fairly bearish and getting more so for reasons that will be reviewed again, in NFTRH this weekend. I am still not a bear however, as this week…
If the US markets are going to bounce and avoid following the Transports and several global markets into a correction, the time to do it is, well... now. Subscribe to…
S&P 500 unsurprisingly did not follow through on yesterday's China hype-fueled rally. Lateral support is shown along with two targets if support breaks. The targets are plotted by 3 charts…
The Utilities index was shown for subscribers in NFTRH 334 before it had broken out of its bullish looking Wedge. The index had drifted down to support and if one…
Well here it is, the Russell 2000 Small Cap index. We had been managing a Diamond pattern (consolidation, not necessarily continuation or reversal, see lower panel) by daily charts and…
Today FARO boinks its NFTRH+ target of 60 (59.96) and so I am letting it go for a gain of around 10%. I love the company, but valuation is an…
Here is a chart of more components of the US stock market from an NFTRH update last week. It is untouched from that update other than its own progress, time…
Say, how bearish does the SOX look to you? I didn't think so. That 'Handle' is indicated to have been a consolidation of the big 'V' pattern after all that…
Isn't it interesting that one of the few sectors in an unbroken bullish uptrend, the Biotechs, are down hard today as the stock market gets the relief bounce (a bear…