… and that is not too good for them bulls.. Bounce to new highs as expected but… Markets managed to close another week in green and at new highs. We also have 5 weeks green close in a [...]
Ok, so a pullback as expected but this seems to be only a healthy profit taking event and nothing more. The pullback is not volatile and I’ve got some good signs on 60min SPY chart although [...]
First of all, sorry for not posting the promised charts the other day. However, I now have some time to post a few charts. First the false positives on 15min SPY “buy trend”. Odd to [...]
Happy New Year dear readers! I hope you will have a healthy and a wealthy 2013!I have accepted new a new project that I’m very exited about but it will take up a considerable amount of my [...]
Quite ugly candlestick on SPY yesterday. Add negative money flow over the past days and it is not getting better. The first pullback was bought aggressively but it didn’t last that long [...]
Sorry for no update in quite some time! If you’re still long, it could be a good idea to take profit and look over that stop/loss/win level. We have negative money flow on 1h SPY chart and [...]
I had to add a question mark in the topic since I have no clue about today. I could not see any smart money accumulation last friday (short profits) so today will for sure be interesting although [...]
I only have time for a fast update so no charts. The push down sofar has been quite strong. SPX is also @ MA200, testing longer timeframe supports. It’s a critical level for sure, I however [...]
First of all, I have no time to put up charts today, only a few lines of my market thoughts. We could see some panic selling yesterday. Many major indexes made ugly candlesticks so odds are quite [...]
