NFTRH+; S&P 500 E-mini, pre-FOMC

ES (daily) has failed oh so logically at the downtrending SMA 200 (orange), bounced to test resistance, failed again and now grapples for support. This is a bear market chart…

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NFTRH+; S&P 500 E-mini (ES)

It is still summer silly season and as such it would not be surprising for ES to hold support here and take one more lunge upward during the pre-FOMC time…

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NFTRH+; final gap filled

Just an FYI that SPX has joined its fellows NDX & SOX in filling its daily chart gap we've had on radar for the last several months. What comes of…

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SPX; a bad chart

SPX and its US index fellows are in rough shape. That's a Captain Obvious statement, but we've been tracking the degrading situation by weekly charts like the one at the…

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Precious metals ‘vs. SPY’

Gold, silver and the miners in relation to SPY/SPX We all know that gold and its fellows have bottomed (minor or major)* vs. broad stock markets, and below is a…

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NFTRH+; if you would short…

The title of the update references 'if' you would short, because even if the market is going bearish, cash is position. Working against the short/bearish view is contrary bullish sentiment…

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