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...

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...

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...

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...

Market needs more cooking time? $ES_F 1891 x 1845

Featured Breadth Chart of the Day:   Still a whole lot of nothing going on.  If your funds are moving then congratulations to whoever is timing your fund, but I don’t see anything positive since February.   Quote of the Day:He who laughs last has not...