WMT and HD are important parts of the S&P and the S&P 'delta long' trade of the past several years is becoming unglued.
The gap down in WMT was significant. See HD's mid-day 'evening star'.
Using DIA for analysis, because YM is too open to low-volume manipulation.
We have a spectacular breakaway gap on Jan 30th. My read on the market: the 26th ended normally. A discussion happened over the weekend, possibly resulting an old-money divorce. Trust was violated and a family heirloom of important stock was sold Monday morning. This is another reason...
High on the daily is 284.74, but the highest trade that day was 283.29.
The error in chart data means no one knows the gap is unfilled. An unfilled gap is extremely bearish, especially in the S&P. My target is 210. For safety, I'd cover around 215.
Something occurred on that previous weekend and we're seeing a fundamental shift in the market. President...
Technically, the sell point on BTC was well before $16,000, however, it's a manipulated market.
The major owners of Bitcoin will not sell at any price. They want to control price and do not have a profit motive. That has led to an engineered bull market. Short selling was offered coincidentally last week, creating fresh enthusiasm which can create another...
