When markets turn volatile, it’s often helpful to pull-back the short-term perspective to the bigger picture of chart index levels and previous developments. Let’s take a quick moment to view the “Bear Market and… Read More

It’s been a few months since we’ve had to concern ourselves with the large-scale Fibonacci Retracement Levels of the entire bear market phase, but today brings in the 50% retracement back to the forefront. Read More

As we await the Friday Non-Farm Payroll “Jobs” Report, let’s take a quick check-up of the main reference levels to watch in the cross-market landscape at the moment. Let’s draw our attention to the S&P 500 and then see how the intermarket environment rests currently:… Read More

Intermarket analysts look to the relationship of the Bond and Stock Markets for clues of future moves in these markets, paying close attention to leading signals when they occur. This week gave us a firm breakdown in the Ten-Year… Read More

Well, here we are at the well-known Make or Break chart support at Dow 12,000. This is what I mean when I say refer to critical chart reference levels to make objective sense of all the good and bad… Read More

  I’m one for keeping market structure as simple as possible, and there are two major confluence support levels we need to be watching very closely that have been important market reversal points in the past, and we currently sit atop both… Read More

With all the headlines/news out there, how does one make sense of the current stock market landscape? I suggest thinking of the current market – at least from its chart perspective – in terms of the dominant Price Range… Read More

Traders of today can learn lessons from historical events where Politics and the Stock Market collided – with negative results.   Current Congressional gridlock is threatening another potential market crash via two separate but related events:   The US Debt Ceiling Negotiations… Read More

Traders of today can learn lessons from historical events where Politics and the Stock Market collided – with negative results.   Current Congressional gridlock is threatening another potential market crash via two separate but related events:   The US Debt Ceiling Negotiations… Read More

Given the large economic/news events playing out at the moment, it’s little surprise that the Cross-Market (Inter-market) landscape has taken on a pause or consolidation phase at the moment. With the US Debt Ceiling and European Debt Situation coming… Read More

To follow-up with my prior morning post on the “Monday Morning Stock Index Update at Midpoint Value Areas,” I thought it would be helpful to show the current structure of the 1-min chart during lunchtime. In other words, we’re… Read More