The_Unwind

Every couple decades, an IPO on Wall Street, comes out, that is worth the extraordinary buildup. Beyond Meat (BYND) went public with 9.5 million shares at $25.00 a share on May 2,2019, and in just two weeks of public trading, the stock is up over 300%, last traded at $89.00 a share. Their business model is based on the core principal idea to replace animal fat...

Bargain hunters have continued to purchase technology stocks, sensing opportunity, and the Nasdaq 100 rose to 7600 today, making this weeks retracement rally now over 300 points, and counting. However, with each higher level reached, NDX buyers have ran straight into big money sellers, looking to liquidate positions above, with the 15 Minute "Know Sure Thing ...

Nasdaq 100 has rallied strongly today, as bargain hunters in technology stocks sensing that the envelope had been pushed too far to the sell side, immediately took advantage of yesterday's move down to key 7300 NDX Support, and have bid up technology from the Open this morning. Today's rally has pushed the Nasdaq 100 right back up to resistance at 7450. Its a...

Gold Futures have broken out to the upside short term above 1300, Basis Aug.2019 Gold Futures Contract GCQ at the same time the US stock market has sold off sharply. The pattern in place shows a triangle indecision at play in Gold. One of my favorite indicators for simple trend analysis confirmation, the "Know Sure Thing" Indicator however has not yet crossed to...

The Nasdaq 100 fell substantially today,almost 3.50% as technology stocks,were sold off big time, on the breakdown of the US/China Trade talks. NDX 100 Daily Line/ Break Chart ( shown here) shows that price fell all the way down to just above important 7300 Chart Support. If NDX 7300 level fails to hold this current decline, then expect the real possibility of...

By closing below 25450 on 5/13/19 the Dow Industrial Average has rendered a Closing Price Line/Break Sell Signal, which puts the decline into "thin air" on the close only chart. I use closing price only charts, to gauge the extent, of a potential measured price projection move, in the index, or stock that I am evaluating. Current Dow Jones Industrial Average...

My my. The entire 2019 rally in the S+P 500, it's main premise as it turns out now looking back, was to make a slightly higher all time high, 2954 this year, collecting enough bearish divergences along the way to keep every one in the game and honest. Then in all fall swoop, it all came undone. They even gave you almost the biggest fundamental news item why it...

I have written numerous articles here on treadingview.com about Boeing',since the 2nd 737 Max Crash earlier this year. They are all documented,advising readers to avoid Boeing's stock,at all cost. Today, comes word that China, in response to the new US trade tariffs levied against them, may single out and retaliate against Boeing, according to press reports in...

Overnight trading in stock index futures shows that the market is prepared to open sharply lower immediately reversing Friday's bullish reversal. Stalemate breakdown in US/China trade talks, an unthinkable result just days ago, appears to be the catalyst for the latest selloff. A new market trend is now developing. Market rallies in afternoon trading,ending at...

S+P 500 staged a Bullish "One Day" Reversal on Friday 5/10 trading lower than the previous day, but closing higher than the previous day's high. The Bullish "One Day" Reversal calls for a continuation of the upside price movement, more often than not, in the following day's trading activity, which would be on Monday May 13. Important Closing Level Support for...

Friday's dramatic upside reversal in the S+P, confirmed by the VIX, which broke out to the upside on the open Friday, yet the rally in volatility failed miserably and the VIX closed the week at 16.04, well off it's 23 mid week high,thus confirming a rally top in fear. S+P 500 has bottomed this week at 2825, and has turned up,with the short term spike in fear in...

Rarely have I seen a market become completely hostage to a fundamental news event as this market is to the US/Chinese trade talks. At any given moment, any news report updating the progress or lack of it, seems to jolts the market on either side of the trade. Last night I suggested shorts cover, after having over 100 points of potential downside in the...

S+P 500 could to be setting up, or a very sharp move to the upside, technically called an "Island Gap Reversal" Overnight risk is extremely high, for any short position. Risk./Reward potential tells me to cover short positions by today's market close. If I am wrong about this, there will be plenty of additional opportunities to get back into a short position....

The market continues to sell off from historic record highs reached just hours ago it seems. I think the underlying issue here is simply one of total disbelief. Most market participants felt the market was headed to the sky and bullish observers were out touting S+P 500 3000, within a couple days. Now I wonder how they they feel, blindsided by their rose tinted...

Dow 25450 has now become critical support on the Weekly Chart, so a violation could confirm a multi year broadening top breakdown, and with it, the potential long term sell signal on the Dow in 2019. This awareness of support of this long term support becomes very important now, with this weeks sudden drop in price . It has become increasingly clear, to my eyes...

Unlike some bulls who have thought that Boeing's stock has held up very well in the face of all the bad news since the 2nd 737 Max Crash, loss of over 400 lives, comes the rather unimaginable news that Boeing's management knew of overriding risks, and either failed to timely pass them on to buyers, or exploited them for an additional software upgrade that would...

Last week, I wrote here in my previous article on the VIX, noting that it had bottomed and was beginning to rise, even while the S+P was rising as well.and making historic highs. That is a strong bearish divergence, and it caught my eye. Now this week, we know why. Today, the VIX rocketed to the upside, up 25 % trading above 20. Seems the very sharp deep money...

Market movements are often times extremely difficult to rationally understand, or predict. Yesterday's strong rally,right after the open, and continuing wire to wire to the close, on the back of a potential breakdown of US/China trade talks seemed to be all about the bulls doing what they always do.. buying the dip However, now, a mere 24 hours later, it now...