Bears Failed Last Week

Bulls won hard in the high-level consolidation war zone conflict last week, as the Emini S&P 599 price action stayed elevated at the upper half of March 23-27 range.
by Ricky Wen - 1 day ago

Eyeing 2700 Ahead Of Another Big Leg Down

Looking at last week’s action, we seem to be backtesting support in the 2400 area setting up another leg up into the 2700 range in the S&P 500.
by Princely Mathew - 2 days ago

Where Fundamentals Meet Technicals: CSCO and Review

Cisco (CSCO) stock is pretty interesting at current prices. The technical/sentiment analysis has been a bit mixed between our Elliott Wave analysts, but I think solid fundamentals represent a reasonable tiebreaker here. Count me in the long-term bullish camp.
by Lyn Alden Schwartzer - 4 days ago

Forecasting Cryptos After The Crash

On March 12, we saw a broad Crypto crash. Here's where we see Bitcoin, Ethereum and GBTC now headed intermediate-term.
by Ryan Wilday - 4 days ago

Lesson In Corrective Structures

With the market following through to the downside as we generally expected in this set up, we are approaching an important cross roads which will determine if we have a lower low yet to be seen, which is our primary count, or if the bottom has already been struck.
by Avi Gilburt - 6 days ago

Eyeing Lower Lows in Nasdaq

I am viewing today's action as quite important in telling us how this may look over the course of the next several days ahead.
by Mike Golembesky - 6 days ago

European & Asian Indices Remain Below Last Week's High For Possible Leg Lower

The FTSE 100 Index (FTSE) curled back up slightly today, but so far remains well below last week's high.
by Garrett Patten - 1 week ago

Bullish Short-Term Indicators, but No V-Shaped Recovery In Sight

Right now we have couple of our shorter-term indicators on the bullish side and more can join if price remains stable.
by Princely Mathew - 1 week ago

Relief Bounce Faces Resistance

Basically, price on the Emini S&P (ES) went from a range low (2174) to range high (2650 and is now waiting for some digestion to go back into midpoint of the range and then near range low.
by Ricky Wen - 1 week ago

MM Weekly Update

The latest on the weekly stockmarket charts is still showing a general trend toward stabilization and turning up over the next few weeks.
by Dr. Cari Bourette - 1 week ago

Eyeing SPY Bottoming Action

Our Bayesian Timing System is keenly watching this bottoming action, as an ability for the SPDR S&P 500 ETF (SPY) to base above 210 could very well be "the bottom.
by Luke Miller - 2 weeks ago

Near-Term Pressure Down In NDX

The Nasdaq 100 (NDX) morning moved lower again and retested the lows that were struck last week but did manage to hold just over those lows.
by Mike Golembesky - 2 weeks ago

BTC Intermediate Scenarios

On March 12, we saw a broad Crypto crash. Not only did Bitcoin breach $7125, support for the potential wave 1 and 2 off the December 2019 low, but breached $4300, key support for the 2019 wave 1 and 2 of higher degree.
by Ryan Wilday - 2 weeks ago

Eyeing 4th Wave Up For European Indices

Are the FTSE 100 Index (FTSE), Euro STOXX 50 (STOXX), and DAX Performance Index (DAX) poised to turn up in a 4th wave?
by Garrett Patten - 2 weeks ago

One Last Try

As you can see from the attached 5-minute chart on the Emini S&P 500 (ES), as long as we remain below today’s high, there is an immediate path to a lower low.
by Avi Gilburt - 3 weeks ago

Key Backtest Against Dec 2018 Area

We're watching closely on how the market reacts on a first- try basis on backtesting the Dec 2018 lows for short-term momentum gauge and to see if there's any applicable scalp setups or remain in heavy cash positions for now.
by Ricky Wen - 3 weeks ago

Deep Dive on the Market Crash

At this point, there’s plenty of areas to look for value, even though there’s still a good chance we haven’t seen “the bottom” yet.
by Lyn Alden Schwartzer - 3 weeks ago

Levels in RUT Prior to Lasting Bottom

Ideally I would not want to see a sustained break of that 1052 level if we are going to hold the larger degree pattern.
by Mike Golembesky - 3 weeks ago

MarketMood Weekly: Reaching Anticipated Low Below 2600

Charts show that the recent scary drop in the stock market was simply a realignment back to where sentiment was patiently waiting for it.
by Dr. Cari Bourette - 3 weeks ago

Tradable Shot at SPY 300

We are at an important bottoming region in the 270s on the SPDR S&P 500 ETF (SPY), and the Bayesian Timing System has determined this risk-return set up is worth it.
by Luke Miller - 3 weeks ago

All Models Bearish

My thought is that correction is closer to the end in terms of time (2-4 weeks), but it is not close to the end in terms of price.
by Princely Mathew - 4 weeks ago

A Warning to Perma-Bears

Global Crisis mode shifts to Government Intervention by April into May. Risks of shorting over weekends increasing.
by Dr. Cari Bourette - 1 month ago

Bottom In For Bitcoin?

Bitcoin broke over resistance, so I favor a bottom being in. However, we still need to see it bounce between support and resistance until it fills in five waves in order to set up the next big break out over $10,500.
by Ryan Wilday - 1 month ago

Door Opened for VXX Move Up

The VXX needs a break through the 26.87 high to trigger the next leg up.
by Mike Golembesky - 1 month ago

No Panic Yet

A few too many bear cubs celebrating too early after being wrong for months and last week’s carnage is being hyped up so pay attention for a potential quick reactionary short squeeze as the temporary bottom setup from Friday remains pivotal.
by Ricky Wen - 1 month ago