This morning's little hype fest is being closed out. Bears may be getting excited by the in-day reversal. But they should realize that the gap is being closed within what…
One upon a time we had a sector that was kicked to the curb and left as an also-ran. But in 2013, after gauging the coming of a positive cycle…
I took my SOXX short off, that is. The gain was 8% on an index ETF and that is good enough as the chart hammers at the 200 day average.…
First off, I don't like that the signals are coming on the back of an uproar in trade. I'd rather they engage under cover of a complacent or even sleepy…
I can't emphasize enough how important it is for us to be open minded to future outcomes even while having favored views. We've done a lot of work on the…
Ref. the 2 previous looks at the 30 min. charts of NDX & SOX. Thing 1 & Thing 2 Here is the updated chart from those posts. Boink, these leaders…
When last we left our leaders they had not yet plunked the moving averages. NDX fills one gap with another down at support, which is in the 6950 area. SOX…
NDX fills one gap with another down at support, which is in the 6950 area. SOX is trying to fill the first gap. A drop below the moving averages would…
It's about time I get back to some plain old charting. Forget the ratios, the market indicators and all the crazy stuff and just chart things, man. At least sometimes.…
How classic; the day after Labor Day and doink, the markets are down as da mythical boyz gits back from da Hamptins. I am however allowing for a good chunk…
In an NFTRH update this morning we reviewed the charts of the leader (NDX) and its leader (SOX). Here we see the Semi leadership (to NDX) that kicked in a…
This is not a pleasing short-term picture for Semiconductor and Technology bulls. Since these are leaders, it is not a pleasing picture for the broad market either. After making a…
We began using these charts earlier this year to illustrate why, despite all the negative hoopla in the media in 2016, the market very simply remained bullish, technically. Now that…
A few weekly charts (the index, the primary chip maker, an equipment company and a materials company) to gauge the progress of this sector that was so hard to get…