295 Is The Big Number

Geoff Bysshe | August 22, 2019

Today’s chart of interest is the weekly SPY.

As you’ll see in the chart provided, 295 was resistance 3 times before the SPY made all-time highs.

Now it’s been resistance for the last 3 weeks.

The trend line from the …


Yield Curve vs. Consumer

Geoff Bysshe | August 21, 2019

Grandma Retail had a good day.

Target and Lowes jumped on strong earnings reports today suggesting that the consumer is still strong.

Target is now at an all-time high.

This doesn’t make me want to buy XRT, but it does …


Tuesday’s Interesting….

Geoff Bysshe | August 20, 2019

Today’s commentary is by Geoff Bysshe, MarketGauge President, who’s filling in for Mish until August 24th.

The weekly gold (GLD) chart is at an interesting level – the top of a channel and a 50% retracement to the 2011 high. …


Have You Ever Seen This View Of The Market?

Geoff Bysshe | August 19, 2019

Have you ever looked at the market this way?

I’ll explain it after I explain why I’m showing it to you now.

This may be different, but the perspective is powerful in understanding the condition of the market, and in …


Naked Modern Family Charts Bare All

Geoff Bysshe | August 18, 2019

Last week we looked at the weekly Modern Family charts with Real Motion to identify momentum trends.

Real Motion will not change dramatically in 1 week, so…

This week I stripped the Modern Family down to line charts to focus …


Parabolic TLT’s Have Been Here Before

Geoff Bysshe | August 15, 2019

Tuesday’s and Thursday’s are ‘interesting chart’ day and with bonds in the spotlight every day, this chart is worth a look.

The chart of TLT has gone parabolic, but as I say in today’s title, “the TLT’s have been here …


“There’s Always A Bottom Somewhere”

Geoff Bysshe | August 14, 2019

When markets get hit as hard and as continuously as they did today, it’s a good idea to step back and look at the big picture.

Focus on the major swing levels of support.

Last week I highlighted the importance …


Watch Out If This Unpopular Chart Turns UP

Geoff Bysshe | August 13, 2019

Tuesday is interesting chart day.

This chart is one that we use to in our Alpha Rotation trading strategy to assess the conditions of the market.

It has an interesting, but complicated tendency to lead or confirm stock market swings.…


How Can You Trade A Known Unknown?

Geoff Bysshe | August 12, 2019

A “known unknown” means that we know there is something that we do not know. They can be good or bad.

The markets have plenty of them, and right now I’d use this to describe the point at the protests …


A Look At The Weekly Charts Of the Modern Family

Geoff Bysshe | August 11, 2019

It’s the weekend so here’s a summary of the weekly view of the modern family with a Real Motion chart.

XRT is in a distribution phase and compressing between the 200-week WMA and $40. A breakout in any direction is …