S&P 500 ($SPX) Bends As It Loses 2438.55 on GOP3 Growth Worries..But Doesn’t Break As It Holds KEY 2407.70 Uptrend Support & Closes Over Cross Trend 4 2452.01 Resistance…Has Its March To 2,502 Resumed?!?!?…My Chart Says YESSS!!!….
Tuesday Aug 22, 2017 @8.22.pm.edt. Well, just another hoo humm Friday and week last week as the trump admin for the 3rd straight Friday showed its final member of its original higher management staff (outside of VP Pence) the door! The indexes reaction was more of a follow through from its all time high of […]
Sunday Aug 6, 2017 “You’ll Never See A 10 Year Chart More Powerful Then The One Below of The S&P 500 ($SPX)!!!”
Sunday August 6, 2017.3.27.am.edt. The S&P 500 ($SPX) 10 Year Monthly Chart (below) RSI (far upper left of the chart below) at 77.30 is almost as overbought on a monthly basis as it was in Oct 2008 just prior to the “Great Recession” when it hit the former all time high “1,579 Dubya High” Notice […]
Wednesday July 19, 2017: “Think trump Admin’s first 6 months has been a Success?!?!… Have You Seen The US Dollar ($USD) Latley???…When It Bottoms at 91.53 the S&P 500 ($SPX) Should Be North of 2,500!”
Wed July 19, 2017.3.03.am.edt. “Think trump Admin’s first 6 months has been a Success?!?!… Have You Seen The US Dollar ($USD) Latley???…” the 10 year monthly chart of the US Dollar ($USD) shows it topped at 103.54 in early January 2017 (trump admin took office Jan 20, 2017) and since then has been straight down […]
Tuesday July 18, 2017 “S&P 500 ($SPX) Continues to Melt Higher As Big Funds Set Up 2,502 New All Time High to 2,405 Needed Range To Sell And Take Long Term Bull Market Profits”
Tues July 18, 2017.9.55.pm.edt Well, Shorts got burned yet again as they continued to try and short a dull market into few sellers on bad news out of Washington (McConnel & Co Debacle” (Health Care Bill Failure) as the index didn’t care beyond banks who gloomed today and techs who mooned! Trust, ,me when I […]
Sunday July 16, 2017: “Our S&P 500 ($SPX) 2,502 Target Is All About The Volatility Index ($VIX) & 8.50 & The Machines Now!!!”
Sunday July 16, 2017.12:05.am.est. Well, It FINALLY Happened! The 4th time was definitely the charm on Friday! The Volatility Index ($VIX) Finally busted its 3 previous triple bottoms of resistance sub 10 as the charts below so perfectly illustrate! Now, as both the 9 month daily technical chart and Point & Figure charts below show […]
July 7, 2017 “Tesla (TSLA) Last 14 Trading Days Since June 23- Fri July 7, 2017 PRELUDE TO WHAT’S ABOUT TO HAPPEN TO THE BROADER MARKET S&P 500 ($SPX)!?!?… OUR (TSLA) & (SPX) CHARTS BELOW SAY YES!!!!….
Friday July 7, 2017.1159.pm.edt Tesla (TSLA) to say for the very least has had an extremely interesting (dating back to June 23, 2017) 18 trading days! Like, we have stated so many times….Tops don’t come at areas of consolidation (illustrated in the TSLA chart below) $344.40-$350.62 they come after short term parabolic moves (illustrated in […]
Sunday June 11, 2017: “Big NASDAQ Sell Off Friday Sets Up Final Rise To 6,505.92!”
Monday June 5, 2017: “S&P 500 ($SPX) After Achieving New All Time Highs Last Week ..Pauses Again In a Tight Rage At RSI 75.38 Only 10 Pts Under Pre Crash Great Recession Former July 2008 All Time High 1579!”
Monday June 5, 2017 @4:24 pm edt. The S&P 500 ($SPX) index, once again paused today as it backed filled on extremely low volume (1/3 less normal down very bullish!) just under last weeks 2440.13 all time high in a range today of 2434.12-2439.55. Most, likely today’s action holding key support in the 10 day […]
Friday June 2, 2017: “S&P 500 ($SPX) Up 100 Points Since Mulder/Trump 13 Trading Days Ago!?!?!…..It Now Has 2,500 In Sight As It Closes The Week +32.23 At 2,4390.07!!!”
Friday June 2, 2017 @11:59 pm edt. The S&P 500 ($SPX) continued its parabolic run to 2,500 today after it added on 19.56 yesterday on better then expected jobless claims and then today on a contracting May Non- Farm Payrolls. (MAY LABOR REPORT) The S&P 500 ($SPX) with today’s 2439.07 close is up 100.13 points […]
Wednesday May 31, 2017 (@10:33AM edt): “Dead On! As Predicted 2,405.59 Retrace In Progress to Go Higher Over 2418.67!”
Wednesday May 31, 2017: S&P 500 ($SPX) trading perfectly here as it should in its current state of a the final cycle in a secular Bull Market! The big move up on volume last Thursday and yesterday’s pause just under the previous 2418.67 high to go as low yesterday as 2412.19 and trading in a […]