The_Unwind

The_Unwind

The FAA on Sunday notified Boeing that over 300 of their planes have "susceptible" parts in them that could be subject to in flight failure' Just imagine that for a moment. Let that sink in a bit. That's on top of the news of the faulty sensor, that most likely brought down two 737 Boeing Max Planes, killing hundreds of human lives in 2018, and 2019,.. thus...

The_Unwind

Dow Futures for June 2019, have opened for trading on June 3,2019 further down into the black hole, - 170,.. and falling. I have been warning you about this chart phenomena in 3 prior articles on the Dow Industrials . Support structure and that's the key dynamic I am observing inside this circular no man's land on the chart, ( Shown Here) ..is simply nowhere...

The_Unwind

Direxion's TMV, Triple Bear ETF on 20+ Year Interest Rates, last week broke major Daily Pattern Support at 15, with volume and closed Friday at 14.01, down nearly 4 % on the day. To my eyes, it looks to have been a total capitulation breakdown. The contrary idea here is that the long end of the bond market 20 + year is in a parabolic advance, that is crucial for...

The_Unwind

S+P 500 has suffered a dynamic chart breakdown in May 2019, jut after making an historic price high of 2954on the first day of the month. The now telling phrase of " sell in May and go away," will possibly never find a month to dole out it's message more to investors and traders a like. So what really is going on here ? Is the bottom about to fall out ? Was...

The_Unwind

Friday afternoon, after 2 pm in New York. This is when it gets very real. Big money is ready to move They continue to support the market. However, just below in the entry to the "Blach Hole" that I have been writing about, now in Part 3. Watch the Feb.8, 2019 Low of 24883.04 That is big money, and 30 Minute foundation support. Should the Dow Close below that...

The_Unwind

News that the US is planning to levy a new 5 % tariff on Mexico on June 10, widening the new trade war to multinational including here in North America immediately hit stock index futures last night around 730 pm, dropping S+P 500 futures sharply lower thru this weeks regular trading hours low, with futures down all night, the market is taking this new tariff...

The_Unwind Updated 

REMX Van Eck Vector's Rare Earth Strategic Metals ETF, rose over 3 % today, making it's gain in May now over 6 %, while the Dow comparatively is down 6 % for the month. That type of bullish divergence means something very bullish is going on under the radar that market participants are recognizing, and thus want to own , and accumulate. China controls 70 % of...

The_Unwind

Today's morning high of 2799.00 in the S+P 500, has fulfilled the technical requirement of rallying back to the breakdown point to 2800, that I anticipated last night, also viewed as the neckline of the busted Head and Shoulder's Pattern. In afternoon trading, price has turned down. Now he market knows that prior support at 2800, has turned into...

The_Unwind

Apple's stock has been falling off a cliff recently, as big money investors continues to dump the stock, questioning whether the companies move to a more services growth company over hardware ( the I-Phone ) will indeed pay off in the tremendous growth curve of past years The recent decline in AAPL seems to be a strong case of big money distribution for those...

The_Unwind Updated 

Today's big money late rally in the market, was to my eyes impressive and the potential now exists ,for a short term bottom at today's lows. Shown here is the Daily VIX, Volatility Bars, Note they are still under a Declining Top Trend Line from late 2018 highs The VIX rally this week, is making lower lows, diverging from the early May VIX spike up to the 23...

The_Unwind Updated 

I'll make this short and sweet. The black hole, located below big number Dow 25000. is at 24883 not far away after 3pm EDT, in the last hour of trading on 5/29. Big money,institution's,or computers will all be in lock step, programed to Buy Support at Dow 25,000, that is,.. until/if.. the Dow fails to hold 25000, and then 24883, Critical 4 Hour Pattern...

The_Unwind

Long Term Interest Rates continue to plunge today, with the 10 Year now down to 2.21 %. Line Break Chart shows current chart support at 2.07, and much more importantly at the 2 % threshold. The continued and surprisingly sharp move down in interest rates, is now having a direct impact on the stock market, as investors big, and small are selling stocks, and buying...

The_Unwind

Amazon.com has been moving lower recently retracing back in it's pattern , after a notable "Top Below a Top " breakdown, seen here on the Daily Line/Break chart. However, moving back to an intermediate term analysis, 6-12 Months out on the stock, I am seeing a potential very bullish setup in the making. An Inverse Head and Shoulder's Pattern could be ...

The_Unwind

The early post Memorial Day rally in stocks faded like clouds taking over a blue sky day at 2840 resistance and this afternoon, major big money selling pushed the S+P 500 right back down the channel towards neckline pattern support at 2800. Bullish investors and traders now face the prospect, of having to hold long position's overnight, where the possibility of a...

The_Unwind

The question you want to ask yourself this weekend, lies not with lofty stock price valuations, but rather with a simple basic understanding of the underlying cost of money. With a resurgent economy in 2019, combined with the lowest unemployment in decades, and highest consumer confidence numbers ever recorded ..then why are long term interest...

The_Unwind

The Nasdaq 100,comprised of mainly technology stocks, is leading the stock market lower, and downside risk is becoming more elevated, as the decline continues. A bearish false breakout to new all time historic highs, culminating with a Triple Top Peak at 7851 ( See Chart ) set the decline in motion. US/China trade tariffs now in force are materially impacting...

The_Unwind

Crude Oil Futures Basis July 2019 plunged over 5 % today, in one of the sharpest losses in the energy pit in the last year. Certainly the equity market selloff factored into the big money energy liquidation today Also adding to the selling pressure , stops hit on the break of $60 crude,which caused yet another move down. When both the crude oil,and the stock...

The_Unwind

This time it is different . In my previous Dow Industrial Average analysis, here on tradingview.com in the last week, I had suggested price had broken meaningful closing support at Dow 25450. Dow Daily Close Only Chart, reveals an almost Exact Head and Shoulder's Pattern now in place on the chart. Neckline holding the pattern in place is located around...