Archives

Remembrance and a Thank You. $ES_F 1894 x 1882

Featured Breadth Chart of the Day Pushing the 90s. Not good for the bears, it really needs to fall apart soon. Quote of the Day:Injustice is relatively easy to bear; what stings is justice.–H.L. Mencken Comments and Levels for the Front (S&P 500 – E-mini futures) contract: Short: 1894Long:  1876 Bears are being tortured.  Like […]

It is a waiting game, like being a vet: $ES_f 1892 x 1855

  Featured Breadth Chart of the Day Ping pong on the A/D lines as we bounce up, but the bulls have shown a two-fer in here.  Two days of up and get those numbers back up. Quote of the Day: I was so hungry I could have eaten a horse. But only pigs were available. […]

Double Rainbow, what does it mean? $ES_F 1891 x 1862

Featured Breadth Chart of the Day That 90′s scare is over, but we should be dropping like a rock here.  This delayed reaction should be a bit worrisome for us bears. Quote of the Day: The easiest thing to find is fault. –Anonymous Comments and Levels for the Front (S&P 500 – E-mini futures) contract: […]

Expecting the downside to continue $ES_F 1882 x 1852

Featured Breadth Chart of the Day There’s the bounce, we like it down further though.   We are back down to where that closing squeeze happened into Friday’s close. Quote of the Day: Intellectual growth should commence at birth and cease only at death. –Albert Einstein Comments and Levels for the Front (S&P 500 – E-mini […]

See all the people. $ES_F 1876 x 1855

Featured Breadth Chart of the Day Bounce spot.  We are looking for lower but we could just produce a decent bounce in here.  Read the ES comments below to see what I am looking for to read the next move. It is worth noting that our trenders are bending. Quote of the Day:A court is […]

Open the doors $ES_F 1862 x 1891

Featured Breadth Chart of the Day New highs are not there, we only did 81.  I think we continue to bleed out momentum to what is already a sluggish market that is biased to drift higher.   We think some lower level testing might make more sense from here. Quote of the Day:There is no cure […]

Follow the stream $ES_F 1901 x 1882

Featured Breadth Chart of the Day We like the 90s to keep us bullish, we were close to that on the NHs/NLs numbers.   We would like to have seen something greater than 200 new highs, we only did 150. Quote of the Day:The enraged colonists were mad.–CJ’s US History Work Comments and Levels for the […]

Up and at ‘em $ES_F 1896 x 1886

Featured Breadth Chart of the Day The bulls did it, they got their 90 on the NHs/NLs, today it is about holding the gains.  We want to see greater than 200 new highs on the NYSE in order to see some foundation firming here for more ascension. Quote of the Day:Keep your fears to yourself, […]

Breakout Attempt, 4x a charm? $ES_F 1892 x 1855

Featured Breadth Chart of the Day Building some support here and with this AM gap up it will be all about the post open and if we can hold the gap into noontime. Quote of the Day:If you’re looking for friends when you need them…it’s too late.–Mark Twain Comments and Levels for the Front (S&P […]

Flash Crash?! $ES_F 1982 x 1855

Featured Breadth Chart of the Day:   Our two trenders remain diverged with our short term trender telling us that the market is on its way down (we don’t see that in price). Meanwhile, the longer term accumulation of new highs continues to push higher showing that the market continues to be bought.  At least […]