Dr. Sun Yat-Sen Classical Chinese Garden Vancouver, Canada
Friday morning, Benzinga interviewed me for their morning prep show (link at end of blog).
If you listen in, you will get an update on the economic modern family and the charts.…
Last night we talked about the six phases and how none of the four indices had changed phases yesterday.
Moreover, we said that in the economic modern family (the Russells IWM, Retail XRT, Regional Banks KRE, Transportation IYT, Biotechnology IBB …
As those of you who have been with us for some time know, phases, both weekly and daily offer a reliable compass to gauge the market’s overall trend.
We have six.
They are:
Bullish
Caution
Distribution
Bearish
Recuperation
Accumulation
These …
Commentary from the weekend Daily:
“In the current market, the price action and negative phases in the indices hang precariously.”
“For this week, take heed on the negative phases and the waning weekly charts. Unless that changes, this is a …
Outside our hotel room in Vancouver, I watched this window washer remain extraordinarily calm whilst he precariously stood in his scaffolding 14 stories high.
Incidentally, he also had a bird’s eye view into our room-but that’s another story!
Anyway, we …
On August 26th, after a 3-week vacation, I came back to observe and write this:
“I wish I could say it was that easy-that the SPY is not only doing better than it did in early August, but that it …
This summer for the first time in years, our trumpet vines are in full bloom!
And what a happy sight that is.
Hummingbirds love them.
They add a delicious slab of color against our drab coyote fence.
And, they remind …
From Monday’s blog:
Do keep your eyes on the potential bear flag should SPY (S&P 500) break down under 284.75. That will be a first clue of further weakness to come.
Technically, bulls want to see SPY have a weekly …
First off, I’d like to thank Geoff Bysshe for covering the Daily while we vacationed.
How many trading companies can claim that they have nonstop free daily content provided by all their chief officers so you never miss a blog?…
Today’s commentary is by Geoff Bysshe, MarketGauge President, who’s filling in for Mish until August 24th.
It’s the weekend, so I’ve prepared the weekly charts of the modern family with important trend and support lines.
Considering the big moves in …