SPX is making an announcement through a Megaphone topping pattern. Now hear this! “I am setting my sights on point 5 of an Edwards &
Tag: SPX
“Ruh Roh” Think the Bears (SPX Weekly Chart)
All I can do is advise what the charts say at any given time. What this one says is that my original downside target is
A Look at the GLD/SPY Ratio
Because why not? The inverse of our old friend Amigo #1 (SPX/Gold ratio) is a primary macro indicator, after all. When last we looked at
SPX Weekly Chart: Decision Point at Hand
Before I begin this post I’ll note that my largest position is a short on SPY, but my overall positioning in US and global stocks
Protected: NFTRH; US Stock Market (med. priority)
There is no excerpt because this is a protected post.
NFTRH; 3 US Headline Indexes (high priority)
This is one for the ages, this relief rally that is knocking on the door of becoming something more, all the while driving a lot
SPX Hits Extreme Target & Recoils, VIX & GDP Now Tank
If there are any bears with enthusiasm left out there they may want to be watching the point from which SPX reached and reversed (a
NFTRH; What Weekly SPX and Some Historical and Sentiment Logic Have to Say (high priority)
The rally has gone like this… Intense capitulation to the bearish price activity on Christmas Eve. Reversal after shakeout, with sentiment epic over bearish and
NFTRH; SPX… Wash, Rinse, Repeat (med. priority)
Last week SPX drove up to the 200 day moving average and then dutifully pulled back from it. Ah, but it is never that easy
10-2 Yield Curve Not Steepening But 30-5 is…
Everybody (including me) is watching the 10-2 yield curve. While the media and mainstream analysts make a big deal about its proximity to inversion that
NFTRH; Updating the 2000 SPX/HUI Comp Analog (high priority)
I did not get a chance to include this in NFTRH 537. So here it is by update. After the initial bear signal for stocks
A Talky Bond Yield Chart With a Story to Tell
It’s our old friend the 2 year yield and its relationship to the S&P 500. The last time we checked in with this chart we
SPX & HUI Plan on Track, Mostly
Per a subscriber update from pre-market yesterday morning updating the situation with SPX… Here is the chart we used in Tuesday morning’s update to show
NFTRH; SPX Bounce Status, HUI Pullback Status (high priority)
A quick snapshot of two fairly contrary (as they should be) situations. Here is the chart we used in Tuesday morning’s update to show that