A quick view of what is happening with our short-term 60 min. chart. SPX bounced to test the broken moving averages and failed in a classic manner. Now comes the…
The sensitive SPX 60 min. chart is still doing its job and that job is indicating that something has happened that had not happened before on the bounce from the…
As of now the SPX short-term signal opening the door for a correction is in play. Another thing I have been watching is the daily RUT stance above 1180. Here…
Updating the would-be signal on the 60 min. chart we reviewed last week. This morning the signal is taking place. An in-day whipsaw is not only possible, but in this…
From this morning's pre-market update: "Gold and silver are down slightly in pre-US trading. If the gold stocks make a second day in the green we can start to take…
US Stock Market SPX has now hit and exceeded 2100. This was the rough measurement of the 'W' pattern and with a +/- tolerance, the general upside limit of what…
Click the thing and behold the beauty of it. It's a log scale chart simply because I was fooling around with different views and forgot to change it back to…
Now that we are all giddy and bulled up (with SPX nearly touching the 2060 resistance zone), how about we review some more underpinnings that are less than stellar (joining…
S&P 500 has dutifully curled down from the red dotted trend line just a hair below the 2040 resistance area. The market is positive pre-US open and may try to…
A solid 36 page report. The market bounce matures as it enters our target zone and sentiment is the indicator. Precious Metals continue to improve on the macro, but carry…
The Semiconductor sector was very bullish yesterday and it is a leader. SOX refused to break down and this relative strength now manifests in a partial market recovery pre-US open…
NFTRH 364 talks about 'comps' 1, 2 & 3 for the current S&P 500 situation. Those would be the bearish 2001 and 2008 and the ultimately bullish 2011 one. We…
On Tuesday we reviewed the constructive looks of gold stocks (GDX), energy (XLE) and the US stock market (SPX) by daily charts. In NFTRH 363 we noted that GDX had…
We have been successfully managing an 'in motion' market since the August festivities kicked off. It is October and Money Managers (NAAIM), Newsletter Writers (Investors Intelligence) are thoroughly spooked and…