So much happened that….nothing happened. The bulls and bears are still fighting to a stalemate. The hourly chart could not be more boring. It feels like this may be a buy the rumor sell the… Stuck in the world’s slowest bull–bear staring contest
The longer the market stays stuck in neutral at the top, the more it looks like it may pull back a bit to gear up for another run. The trend is up and needs to… Still Hanging Around the Top of the Range
The market has been in stuck at the top of its range for the past week. So far, it has not been willing to make a decision on what it wants to do. I still… Stuck at the Top of the Range
The markets rallied hard last week. A pullback of some kind seems likely this week. December is normally a good month for the market. The AI bubble has thrown the normal seasonal gyrations off this… Thanksgiving Feast!
The market bounced off support on Friday. The 6650 area seems to be an important level. If the bulls are going to take a stand, here is the first place to do it. This will… Still Looking for a Bottom
The market ended higher today and should open up tomorrow after NVDA’s good earnings report. Is this a resumption of the rally? The market has bounced off support and is now range bound. New monthly… Looking for a Bottom
I have no idea where to begin. My thoughts are all over the place. Not unlike the market the last few days. At the moment, I would call the trend neutral with bulls and bears… Lots of Fireworks!
This still looks like just a normal pull back. Friday’s price action makes me think so even more. It dropped in the morning and then reversed the rest of the day. IF the market is… Was That It?
This has not been a meaningful pullback yet. It may not be in the end. It looks like all the others! What is different this time is how negative market breadth has been. No idea… So Far, This Looks Like a Normal Pullback
The market overall is showing incredible resilience. However, there are only a handful of stocks keeping it moving up. Leadership is pretty week. It is likely we will see the bulls and bears fight it… Falling Uphill