Yesterday was a strong reversal up after Wednesday’s big bear day. I said yesterday before the open that the bears would not get immediate follow-through selling because of the strong ... Read more

All of the indexes closed lower Wednesday with negative internals on the NYSE and NASDAQ as trading volumes declined on both exchanges from the prior session. The charts saw several ... Read more

How slow can it go before slipping into recession? Economic growth in the U.S. has decelerated in recent months and there are new signs in today’s update that the macro ... Read more

The Emini sold off yesterday. Traders are deciding if this is the start of a 2 – 3 week pullback. Because the daily chart has a parabolic wedge top, the ... Read more

Read more

The indexes closed evenly split Monday with half posting gains as the other half declined. Internals were negative on the NYSE and mixed on the NASDAQ as overall trading volumes ... Read more

With earnings data starting to hit the markets and recent news that China’s economic activity levels shrank to levels not seen in nearly 30 years, we believe our proprietary Fibonacci ... Read more

Read more

Read more

Read more