Are we Finally Pulling Back?
The market dropped the first couple hours then stayed in a small range the rest of the day. That is not the interesting part. Both the NH/NL and the Capitalized NH/NL went negative today. If… Are we Finally Pulling Back?
Is something interesting starting to happen???
The market opened flat and trended down most of the day. It was interesting to see New High shoot up and new lows decrease. However, capitalized new highs shrank and new lows increased. Essentially, the… Is something interesting starting to happen???
Like watching paint dry, if the paint was permanently stuck in neutral.
The market continues to drift slowly upwards. It is unusual to have both August and September up in the same year. Looking back the handful of times it has happened since 2000, October was down… Like watching paint dry, if the paint was permanently stuck in neutral.
The Same Old Song, Just Louder This Time.
The market continue to move up a little, then pull back a little, but the inching forward progresses. Bearish divergences continue to get louder, but the main show has not arrived yet. Took both profits… The Same Old Song, Just Louder This Time.
The Market Keeps Inching Upwards with the Enthusiasm of a Monday Morning.
We continue to make all time highs, I took profits and sold some losers last week. My win rate for the year is still hovering around 70%. I left a few trades going, but I… The Market Keeps Inching Upwards with the Enthusiasm of a Monday Morning.
Still Inching Higher
The market keeps inching up to new highs, but all the warning signs are still there. 52 week highs continue to be anemic and are not showing any sustained growth. I am skeptical on how… Still Inching Higher
The alarm bells are getting louder!
The market was up slightly for the week, but that is not what is the most interesting. On Friday, the market gapped up, took a dive after the open and then regained some of the… The alarm bells are getting louder!
I was hoping for some direction today!
The market opened up, sank for the the day and recovered the last hour. I was hoping for something more definitive! New monthly high expanded slightly and New monthly lows decreased. Not enough to think… I was hoping for some direction today!
Bounced at Support
If the market did not bounce at support over the last few weeks, I would suggest more negativity is likely to follow. However, the market reversed after a few hours and trended higher most of… Bounced at Support
Mixed Signals
The trend is still up and it is easier to go with the wind! Although, it is pretty flat at the top. The Net Monthly NH/NL is pointed upward So is the Rolling 52 week… Mixed Signals