SPX

Stock Market, Global

Oh Canada!

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…

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September 17, 2019
Read more about the article SPX/Gold Ratio, Big Picture
Market Indicators

SPX/Gold Ratio, Big Picture

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…

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September 10, 2019
Stock Market, US

SPX and Some of its Indicators

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…

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August 28, 2019
Stock Market, US

A Little SPX Daily Chart Micromanagement

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 SMA 50. Those averages coincide…

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August 19, 2019
Stock Market, US

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 against the index shown below)…

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August 14, 2019
alice
Financial Markets

NFTRH; SPX Bounce Status

A simple update showing that SPX has bounced to the SMA 50, which roughly coincides with the 50% and 62% Fib retrace levels and visual resistance. If SPX is going…

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August 9, 2019
Read more about the article Now Hear This… A New Announcement From SPX
Stock Market, US

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 the Rev-Sym-Tri elsewhere as noted…

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August 5, 2019
Read more about the article Gold vs. SPY… Textbook
Financial Markets

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 the S&P 500 (SPY) for…

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July 17, 2019
Read more about the article Big Picture View of SPX, Gold & Yield Curve
Market Indicators

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 this beast popped out at…

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June 12, 2019
alice
NFTRH Interim Updates

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 this week to fill the…

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May 29, 2019
Stock Market, US

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 50 and new bounce attempting…

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May 28, 2019