SPX

Read more about the article Good and Bearish?
Sentiment & Psychology

Good and Bearish?

If players are finally buying into the bearishness, now we are getting somewhere.  Very simply, SPX has had a date with the 2100 (+/-) target we have had open since…

Comments Off on Good and Bearish?
November 4, 2016
stocks
Stock Market, US

Some Highly Technical Analysis For You

Listen you bloated, levitating, sideways going Pig, will you please either break above that red line and the post-FOMC euphoria highs of 9/22 or drop to or through the lower…

Comments Off on Some Highly Technical Analysis For You
October 10, 2016
stocks
Stock Market, US

Do You Think This is a Nice Chart?

Me neither.  Boston Scientific (BSX) was a very successful NFTRH+ long idea nearly a year ago (w/ updates along the way).  Today?  Not so much (indeed, I gave it a…

Comments Off on Do You Think This is a Nice Chart?
October 5, 2016
stocks
Stock Market, US

The Stock Market is Not Nearly Broken

Much like with the gold stock sector, there was support and then there was best support.  SPX failed support today in grand fashion as it lost the 50 day moving…

Comments Off on The Stock Market is Not Nearly Broken
September 9, 2016
Stock Market, US

US Indexes; Big Picture Monthly Views

It's time again for the big picture perspective views on some key US indexes. Dow is still on the breadth thrust script (i.e. potential manic upside/ending action). S&P 500, same…

Comments Off on US Indexes; Big Picture Monthly Views
August 17, 2016
Stock Market, US

S&P 500 Weekly Chart

I am expecting a pullback in the near-term due to over bought daily charts and over bullish sentiment, but the fact is that SPX is in blue sky and measures…

Comments Off on S&P 500 Weekly Chart
July 21, 2016
Stock Market, US

S&P 500: 2011 ‘Comp’ Back in Play

Sometimes simpler is better.  For months now, and right through the Brexit drama we have been noting simple technical and fundamental items like a NYSE breadth ramp up (see bottom…

Comments Off on S&P 500: 2011 ‘Comp’ Back in Play
July 15, 2016
Stock Market, US

US Market, Big Picture Updated

It's time again for our 'Gary's too lazy to do short-term charts with all sorts of details and parameters' big picture monthly charts of US indexes. The S&P 500 popped…

Comments Off on US Market, Big Picture Updated
July 8, 2016
alice
NFTRH Interim Updates

NFTRH; US Index Bounce Progress

Here are the updated charts from this morning’s update.  SPX and Dow are at resistance, NDX is at its first resistance level and SOX is approaching the 670 area, which was identified as its key resistance.

SPX and Dow nudged above yesterday’s highs and could open the door to further bouncing, but even if they get through resistance – as SOX potentially bounces to 670’s – the 50 day averages would represent more resistance.  It was a good day for the bulls, short covering or not.  But the bears took the ball away from the bulls on Monday and they still have it for now.

(more…)

Comments Off on NFTRH; US Index Bounce Progress
June 28, 2016
Stock Market, US

US Indexes, Big Picture

In an earlier subscriber update, we looked at the key bounce parameters for SPX, Dow, NDX and SOX using daily charts.  In a public post a few weeks ago we…

Comments Off on US Indexes, Big Picture
June 28, 2016