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…
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…
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…
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 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…
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 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…
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…
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…
The market erased its losses from yesterday. NH/NL were mostly unchanged. One thing of note is the Capitalized NH dropped making the net essentially zero. Could be nothing-we will see. The trend is stuck in…