Not much has changed in the stock market. We are still in the same range. Based on the rejection we got last week, we can expect SP500 to test 32xx range (possibly even higher to form a double top near 3400). Advanced Decline Line broke higher than it was at the beginning of this year. That is bullish for the short-term. Based on cycles, we can expect trend...
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Almost a 1,000 move today.. the crash is over, let the goodtimes continue... :/
Closed under a long-term treadline. Thinking the next wave down is starting. 2 gaps to fill in the 2300 level.
The market has been walking on egg shells but with charts of emerging markets and with how most market indexes correlate I Do expect most markets to move higher from here. Gold Still appears to need one more move lower, WHY? look at all the commotion in the s&p500 and no real big spike in gold. The dollar looks like it needs one more move higher as well to be...