Magic indeed. From last week’s brief: “For next week bulls have the opportunity to ramp markets anew for OPEX week as these weeks tend to be more favorable than not. The goal […]
This week markets reached the key resistance confluence zone I’ve been outlining and rejected from there. Still $SPX managed to close the week positively by 1 handle making it the 7th consecutive […]
Before I go into charts some things just have to be said: All pretense has been laid to rest. Bears have been proven right. Markets are managed by a central planning committee. […]
This last week had something for everybody. Bears got a 50-60 handle pullback on $SPX, bulls got a defense of the 50MAs amid continued sweet talking of markets by political leadership and […]
Bulls not only returned to the scene of the crime, they trampled all over it by re-entering the consolidation range of October – December. Bottom decelerations are made daily and with a […]
Markets have returned to the scene of the crime and participants act like nothing’s happened. After an 11 day rally propelling $ES futures nearly 11% off of the December lows happy days […]
It’s been a long journey from Lying Highs in September to the carnage we are witnessing in markets now. The bull market trend looks broken and political chaos is adding to lousy […]
Oh dear. Ten trading days left in the year and things are looking grim. Last week’s 100 handle rip off of the Monday lows was sold again amid relentless fund outflows producing […]
For the third month in a row markets are on the cusp of breaking their bull market trends. And once again they need a magic rescue into month end to avoid such […]
Our job is to navigate changing markets and we use technical and macro analysis to identify major market turns amidst periods of conflicting signals, emotional markets and often high uncertainty while staying […]
Are markets setting up for a major bear trap? Let’s explore the question. Look, I could show you a 100 charts that say the same thing that everybody already knows: Things are […]
Oh dear. Whatever happened to the record earnings growth story that was supposed to propel markets to ever new highs? Company after company is being taken out back and shot. Retail, banks, […]
