puapwr

puapwr

Annotations included on the chart: This chart is essentially demonstrating just how far the market is capable of pulling back. The chart includes key levels and the years of notable highs / lows as well as + / - rejection boxes showing where price pivots as well as how perfectly, years later, price is capable of traveling far distances to perfectly tap back into...

puapwr

The Kiss of Death (KoD) put simply is when the price (candle close) is clearly under the 21 EMA on the monthly timeframe. This is something that fascinates me and I have gone quite far back to find evidence for when it is and when it is not a predictor of more downside, deeper bear market and possibly a recession or worse recession if already in one! This chart...

puapwr Updated 

This week preparing my daily bias has been a bit tougher than last week. Fundamentally I am bearish! There are too many signals in our economy that we have a deeper bear market in store for us, possibly deeper than we saw in 2022. However, putting that aside and putting to practice solely what I see on the chart, which is what this weekly exercise is for, this...

puapwr

This chart is going to be updated with just enough information to show which news event occurred, the date it occurred and the total points traveled on the day of the event. I only went back a few months and added CPI and NFP events. Going forward I will track more and for anyone who likes this idea, finds it useful and has any additional suggestions, I'm open to...

puapwr Updated 

This chart represents my attempt at taking market structure analysis to a larger timeframe in an attempt to determine what the most probable direction of the market will be going into next week. We have several economic news events next week. It seems like you can flip a coin to figure out how the market will react to good news or bad news and whether good news...

puapwr

Just a simple chart to show recent moments (past 20ish years) where this signal triggered and the following bear market / recession that followed. Today, right now, it seems we are witnessing this signal of many more months of this bear market to continue.