October Surprises, Guaranteed

What if I told you that there are currently detectable October surprises in store for the American people and perhaps the world at large?  With September still to be completed, this is as clear today as an “Unprecedented Global Crisis” was detectable for February and March of this year even as 2019 was yet finishing up and Covid-19 still unheard of.
by Dr. Cari Bourette - 2 days ago

Eyeing New Lows After One More Bounce

My current view is that we continue the bounce started on Friday toward the 3450 area on the Emini S&P 500 (ES) and from there possibly begin another leg lower to new lows somewhere in the 3000/2900 region.
by Princely Mathew - 2 days ago

US Dollar Presses Higher And Approaches The Upside Resistance Zone

After consolidating last week, the US Dollar Index (DXY) began the expected path up for what is looking like the wave (c) of ((iv)) shown in the path in white.
by Mike Golembesky - 3 days ago

Fed Continues With "QE Infinity"

The Fed bought $44.5 billion in securities outright this week, and liquidity swaps to other central banks decreased by $20.3 billion.
by Lyn Alden Schwartzer - 5 days ago

Nightly Crypto Report: Bears Take Over the House

With five waves down in GBTC and Bitcoin, the bear scenarios have taken hold until we break back over $12.
by Ryan Wilday - 6 days ago

Not Making It Easy

As long as the market now remains below 3330 on the Emini S&P 500 (ES), then I still expect another decline to complete this [c] wave, as shown on my 5-minute ES chart.
by Avi Gilburt - 1 week ago

Mining Stocks Service Was Ready For Silver's Flash Crash

EWT's Mining Stocks service was READY for the "flash crash" in Silver today.
by Zac Mannes - 1 week ago

Short-Term Trend Change Intact

We’re utilizing 3190-3230 as next key support in the Emini S&P 500 (ES) that could temporarily stabilize the price action to see if there’s a dead-cat bounce.
by Ricky Wen - 1 week ago

Looking Lower In Russell 2000

The Russell 2000 (RUT) appears to be topping in wave b and ready to begin wave c of the larger wave 2 down.
by Mike Golembesky - 1 week ago

SPY Pointing Toward 320

If this path proves out, then a swift move to the low 320s is on deck for the SPDR S&P 500 ETF (SPY).
by Luke Miller - 1 week ago

USD Near Key Micro Support

The US Dollar Index (DXY) is close to the key micro 92.70 support level, a break through which opens the door to a larger-degree decline.
by Arkady Yakhnis - 1 week ago

DKNG, CLVS & ZYME Plus 8 Additional Charts To Watch

Our Charts of the Day video today covers 11 stocks.
by Garrett Patten - 2 weeks ago

Bigger Bounce Before Next Leg Lower

I think we may be close to some kind of bigger bounce in the market maybe up to the 3480 area on the Emini S&P 500 before we turn back lower again.
by Princely Mathew - 2 weeks ago

Ether Bottom Looks Complete

Ethereum is over resistance for wave 4, with its bottom ideally complete, while Bitcoin should be in circle-c of 4 with new low targets of $9600 to $9200 if doesn't get over $10,640 first.
by Ryan Wilday - 2 weeks ago

Lessons I Learned In My Career

When I was young and first starting out in trading, if the market would come to a point at which I thought it would turn, I was often quite impulsive and impetuous, so I would aggressively short at that point.
by Avi Gilburt - 2 weeks ago

Fibonacci Targets For AAPL, AMZN, FB & GOOGL

Here are four stocks that have held their key Fib support levels and on which buy triggers have signaled or are close to signaling.
by Carolyn Boroden - 2 weeks ago

US Dollar Turns Back Higher After Poking Under Support

The US Dollar Index (DXY) moved higher this week after poking under the 200 extension level last week.
by Mike Golembesky - 3 weeks ago

SPY Could See 300 In Path Lower

There is a 75% Bayesian probability the SPDR S&P 500 (SPY) begins a sustainable path lower from the 350-356s to at least 300.
by Luke Miller - 3 weeks ago

Possible SDA (Sharp Drop Alert) Sighting

There is a possible SDA (sharp drop alert) for tomorrow and Friday.
by Dr. Cari Bourette - 3 weeks ago

US Dollar At Key Resistance

The US Dollar Index (DXY) is at key resistance, while the Euro is at support, and I am looking forward to resolution of these micro patterns.
by Arkady Yakhnis - 3 weeks ago

DAX Showing Relative Strength

The DAX Performance Index ended marginally positive today as well, still showing relative strength compared to the Euro STOXX 50 and FTSE 100.
by Garrett Patten - 4 weeks ago

Big Picture View of Bitcoin, Ether & GBTC

Here are intermediate-term views on Bitcoin, Ethererum and GBTC.  For short-term guidance, please login to our Cryptocurrency service and view our Nightly Report as well as intraday room posts.
by Ryan Wilday - 4 weeks ago

Topping Action In VXX

After a sharp move up yesterday beyond our 27.17 target area, the VXX saw a retrace of just about 50% of that move into the close.
by Mike Golembesky - 1 month ago

Price Action Elevated To Stratosphere

The uptrend can last for many weeks and months by embedding and rotating higher, but market participants must be made aware of the risks associated here.
by Ricky Wen - 1 month ago

Time To Assess Where We Are In 2020 And What Is Yet To Come For 2021

As we came into 2020, my primary expectation was for the stock market to top out, and provide us with a c-wave decline towards the 2200SPX region.
by Avi Gilburt - 1 month ago