In order for this up trending market to lose that status its bounce should hold either here at the daily EMA 20 or at the
Tag: SPX
S&P 500; Down But Not (yet) Out
As suspected, yesterday’s wonder rally was just such complete bullshit running on hype. I did not even think of covering shorts (including leveraged fund SPXS
Protected: NFTRH; SPX Bounce Status
There is no excerpt because this is a protected post.
Now Hear This… A New Announcement From SPX
On April 16th we highlighted a weekly chart technical theme, which is the Reverse Symmetrical Triangle (AKA Megaphone) pattern. In full disclosure, I first saw
Gold vs. SPY… Textbook
As noted in NFTRH, as long as gold vs. stock markets remains strong, I remain strong. Period. There is no more important stock market than
“One Big Reason You Should Be in the Stock Market Right Now”
So here is what JPM thinks… One big reason you should be in the stock market right now: J.P. Morgan Boiled down, that reason is
Big Picture View of SPX, Gold & Yield Curve
I was conversing with someone on Twitter about the yield curve and decided to go looking through the macro charts list for some visuals, and
Protected: NFTRH; S&P 500 Bounce Progress and Parameters
There is no excerpt because this is a protected post.
NFTRH; Decision Point
A super simple update using the daily chart that has appeared in NFTRH over the last several weeks. From NFTRH 553… “The market can bounce
If VIX Were a Stock…
If VIX were a stock I’d be buying it right now. Look at that initial impulse upward, the hard flag back to the up-turning SMA
SOX>NDX>SPX Leadership Chain Continues to Weaken
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
SPX 2815: Now we find out if the bear is actionable
With respect to my mental health I have found that being actively bearish because I want to be bearish or because I think bearish is
SPY short covered in ignominy, but not really
The loss was 10+%. That’s the “ignominy” part. The “not really” parts are that a) the loss was steeper before this market correction and b)
SPX Top-Test & Megaphone
Well, the short answer is that SPX is still on a top test and so far at least, it’s not passing the test. There’s a