As I watch weekly SPX creek jump the top of the reverse symmetrical triangle (as noted in NFTRH, SPX and other indexes have been in and broken out of daily…
On a not as bad as expected Payrolls report the US market is now at our target, which was a second hit of the upper reverse symmetrical triangle's trend line.…
Finding myself with a little time to look at the market today, it is almost comical how well this robot is following instructions. Since it broke above resistance in the…
A little biased, non-analytical editorializing from the intro to this week's edition of Notes From the Rabbit Hole, NFTRH 573, before we got into the actual weekly work... It's a…
[edit] This media headline is exactly the point of a symmetrical triangle point #5 FOMO suck-in scenario as words like "breakout!" and "all-time highs!" are trumpeted far and wide (you…
I am not a bond trader or stock market analyst by original profession. Until 2004, when I became a public market writer and especially 2008, when I began to work…
This news cycle is particularly annoying as the markets go through daily cheer or gloom as the media calls the play-by-play for enthralled casino patrons in sync with the Trade…
The NFP report was considered just right by Goldilocks. Not too hot (that's for sure), and not too cold. But is it cool enough to roll the Fed over on…
I tend to make up all kinds of little phrases and nicknames to entertain and annoy you. There was Armageddon '08, there were the ill-fated 3 Snowmen of 2010, the…
Interesting setups in the markets. The futures are positive this morning and though the markets have had a couple tough days the "drive to 5" remains on track. The very…
According to CME Group, rate cut probabilities declined yesterday to even odds from a previous reading that was near unanimous for a cut. Today it is back to 59% for…
We track the major global markets each week in NFTRH and in NFTRH 568 we noted the following using a weekly chart of the Toronto Composite index. Canada's TSX looks…
There are all sorts of little pictures happening on the fly in the markets right now. These little pictures are happening in concert and will inform the big picture soon…
Here is the weekly view of the S&P 500 with its stories to tell. Story #1: The uptrend is intact and this bull market has screwed the shorts on 3…