"Boxed In" $SPY $IWM $QQQ $DIA

Mish Schneider | May 29, 2013

After the slingshot high left from May 22nd that still has to be cleared to see a move beyond current levels, we are boxed in after Wednesday’s session near the lower end of the range established since then. One could …


Won the Battle, But Not the War $SPY $QQQ $IWM $DIA

Mish Schneider | May 28, 2013

Coming into this week, the setup was called for either a launch pad from Friday’s trading range or that range would become a ceiling. With the gap higher right from the opening bell, the launch pad scenario should set the …


Won the Battle, But Not the War $SPY $QQQ $IWM $DIA

Mish Schneider |

Coming into this week, the setup was called for either a launch pad from Friday’s trading range or that range would become a ceiling. With the gap higher right from the opening bell, the launch pad scenario should set the …


Slings and Arrows of Outrageous Fortune $SPY $IWM $DIA $QQQ

Mish Schneider | May 25, 2013

After the big drop last week, Thursday and Friday’s action formed what could become a new base or launch pad as I like to say. Plus, the S&P 500 and the Dow had inside days as well. Basically, two possible …


Slings and Arrows of Outrageous Fortune $SPY $IWM $DIA $QQQ

Mish Schneider |

After the big drop last week, Thursday and Friday’s action formed what could become a new base or launch pad as I like to say. Plus, the S&P 500 and the Dow had inside days as well. Basically, two possible …


Under Thin Ice (the 10 DMA)

Mish Schneider | May 23, 2013

Not Even Japan’s 7% Drop Could Scare Our Bulls.

Wednesday all 4 stock indexes experienced one of the ugliest reversal days the markets have seen in years. Then overnight, Japan’s equities sunk 7% due to weak economic data in China. …


Under Thin Ice (the 10 DMA)

Mish Schneider |

Not Even Japan’s 7% Drop Could Scare Our Bulls.

Wednesday all 4 stock indexes experienced one of the ugliest reversal days the markets have seen in years. Then overnight, Japan’s equities sunk 7% due to weak economic data in China. …


Falling Into the Black: Can We Ever Get Back? $SPY $DIA $QQQ $IWM

Mish Schneider | May 22, 2013

Our tell, the Small Caps or Russell 2000, had a historical day (the whole market really, but let’s focus on that one). After an inside day, it opened unchanged, took out Tuesday’s high; then after what is nearly laughable contradictory …


Falling Into the Black: Can We Ever Get Back? $SPY $DIA $QQQ $IWM

Mish Schneider |

Our tell, the Small Caps or Russell 2000, had a historical day (the whole market really, but let’s focus on that one). After an inside day, it opened unchanged, took out Tuesday’s high; then after what is nearly laughable contradictory …


"Elementary My Dear Watson"

Mish Schneider | May 21, 2013

Most notable for Tuesday is that the Small Caps or Russell 2000 had an inside day (when the range of the day, high to low, is within the range of the day before). This interprets as a pause, which I …