What’s going on with Crude Oil at the moment? Let’s take a look at the Daily Resistance Level along with a “step-inside” perspective from the intraday chart. Let’s start with the prevailing Daily Chart trend – it’s a downtrend… Read More

The S&P 500 – and general US Equities – have been mired in a two-months sideways trading range with clear upper and lower boundaries. Though this week gave us a mean “Bear Trap,” price… Read More

I’m a huge believer that “history repeats,” and one can often see similar situations developing now that formed in the past. True, nothing repeats with exactitude, but you can often learn lessons – mainly about assumptions and outcomes – from studying similar chart formations that have developed in the past. Read More

What is the broader Sector Rotation Model saying about the current state of the stock market? Let’s take a look from two perspectives:  January to October (year to date) and then from the May… Read More

Commodities – along with equities – have fallen sharply since their respective May 2011 market peaks. Let’s take a look at the breakdown in the CRB (… Read More

After consolidating in a similar “Range Value Area” for the majority of 2011, the US Stock Market Indexes have settled into a NEW consolidation phase that calls for updated boundary levels. Let’s take a… Read More

Previously, I explained what a “Creeper Trend” is, how it develops, and – if you’re willing to feel uncomfortable – how to trade it (it’s not your typical trade set-up). I wanted to follow-up that lesson with a great example of a “Creeper Trend” formation (trade entry),… Read More

Many traders report difficulty in trading “Creeper Trends” or “Oozing Trends” that neither give reversal signals nor safe entry signals. Let’s take a quick look at the @ES (S&P 500) and @CL (Crude Oil) Futures contracts to see the overnight action that… Read More

With the US Equity Market sitting currently atop a longer-term Fibonacci cluster level, let’s take a look at the Dow Jones, NASDAQ, and S&P 500 in terms of their recent “Bear Market” and “… Read More

With markets in a turbulent/volatile phase on the lower frames, it can be very helpful to slow the pace down by pulling up to a higher timeframe. Let’s take a look at two major Fibonacci Cluster levels that help us make sense of the current S&P 500… Read More