Nearing Target, Be Aware of December Highs Confluence

The S&P 500 bull train is in the midst of its acceleration route towards the 2795-2800 continuation target.
by Ricky Wen - 16 hours ago

MarketMood Tuesday: More Confusion

Where We've Been:  The long weekend's mood pattern is undefined, so there is no specific information for Tuesday open.
by Dr. Cari Bourette - 1 day ago

Closing In on Bigger Resistance

The S&P 500 is getting very close to the bigger timeframe resistance zone at 2809-25.
by Princely Mathew - 2 days ago

Does Win Rate Matter?

Does win rate matter? Yes it does. But even more important is your position sizing. A system that wins 90% of the time will have a great streak, but then when the newbie trader comes across this system and decides to go all in, that's when the 10% fail happens ... the result? A blown account.
by Princely Mathew - 3 days ago

Cryptocurrency Nightly Report: Dichotomy Between Ether & Bitcoin

There is a dichotomy between Ether and Bitcoin, unless we see a rally in Bitcoin very soon.
by Ryan Wilday - 4 days ago

3 Longs & 1 Short to Watch

Here are couple potential long set-ups as well as a potential short, as we cover The Chemours Company (CC), Twitter, Inc.
by Garrett Patten - 5 days ago

VIX Retesting Support

The iPath B S&P 500 VIX S/T Futs ETN (VXXB) is currently retesting the 32.94 low, and breaking this level would further provide evidence that the white pattern is indeed the operative path.
by Mike Golembesky - 6 days ago

Flagging Again, Bears Endangered Species

Heading into Tuesday and the rest of the week, we maintain our immediate bullish stance only when price action maintains above 2700 on the S&P 500.
by Ricky Wen - 1 week ago

World Markets Reverse Lower

Many of the European and Latin/South American markets we follow reversed lower last week.
by Garrett Patten - 1 week ago

Awaiting Another Leg Lower

We got very close to our 2740 target on the S&P 500 before beginning a pullback over the week.
by Princely Mathew - 1 week ago

DXY: Strong Showing

With the US Dollar Index (DXY) roaring back this past week, it seems to have forgotten all about the Fed meeting a week ago.
by Avi Gilburt - 1 week ago

MarketMood Weekend: Preparing for What's Next

The weekend Market Mood Indicator is net up for Monday's open. A complex mood pattern, and a signal flip over the weekend add uncertainty and likely turbulence prior to RTH open. Monday's mood pattern reflects strong emotions and MMI is pointing down by the close.
by Dr. Cari Bourette - 1 week ago

Nightly Crypto Report: Can We Get Another Low ... Or Not?

I was expecting one more nano low in the Bitcoin and Ethereum charts. However, today, I saw more evidence fighting that idea than evidence for it.
by Ryan Wilday - 1 week ago

ETF Watch: What Our Bayesian Signals Indicate for GLD, USO, UNG, XBI, XLF and more.

Here is our Bayesian Timing System (BTS) analysis on the precious metals ETFs (GDX, GLD, SLV) as well as the dollar (UUP), oil (USO), natural gas (UNG), biotech (XBI), VIX (VXXB), financials (XLF), and Treasuries (TLT).
by Luke Miller - 1 week ago

VIX Pressure Remains Down

After seeing a high consolidation on the nano time scales yesterday, overnight the iPath B S&P 500 VIX S/T Futs ETN (VXXB)  did indeed move higher, exceeding yesterday's high of the day by just a few ticks.
by Mike Golembesky - 1 week ago

Talk About Stretched To The Upside

The primary count still has us looking for the top to this [a] wave imminently in the S&P 500, despite how extended it has now become.
by Avi Gilburt - 2 weeks ago

More Defensive After Perfect Week for Bulls

The bulls succeeded beyond expectations on the January monthly closing print goal by wrapping up the month at 2712 on the S&P 500.
by Ricky Wen - 2 weeks ago

S&P 500 In Our Next Resistance Zone ... What's Next?

We are pretty much in our next resistance zone at 2710 area on the S&P 500. Exceeding this will open up the 2740-50 target area, which is also what the triangle breakout targets.
by Princely Mathew - 2 weeks ago

USO: Initial Target Hit – Next Higher Target Is 13.45

With the US Oil Fund EFT (USO) finally striking our 11.70 initial target, we have enough waves in place to now consider the [a] wave completed.
by Avi Gilburt - 2 weeks ago

Cryptos Starting to Slide in Wave 5

Ethereum's movement is more convincing as it really filled in its wave 4. Bitcoin's was shallow but that is typical.
by Ryan Wilday - 2 weeks ago

Three Views of the NDX

On the monthly Nasdaq 100 (NDX) chart, I am viewing the 2018 high as top of wave (3) of circle-3 off 2002 low, favoring two more waves higher before the rally off 2002 low completes.
by Xenia Taoubina - 2 weeks ago

Bayesian Probabilities Point to a Micro Turn Lower

With a Bayesian Probability (BP) of 46%, the SPDR S&P 500 ETF (SPY) begins a more immediate breakdown of the Jan 23 low and falls to 255 and then to the mid-240s.
by Luke Miller - 2 weeks ago

Time To Start Planning

I still expect a pullback to be seen in precious metals (gold & silver) over the next few months before the expected rally takes hold.
by Avi Gilburt - 2 weeks ago

Video Chart Analysis on AAPL, AMD, ALGN, ILMN & AMGN

Our Stock Waves Charts of the Day video last night featured Apple Inc. (AAPL), Advanced Micro Devices, Inc. (AMD), Align Technology, Inc. (ALGN), Illumina, Inc. (ILMN) and Amgen Inc. (AMGN).
by Zac Mannes - 2 weeks ago

Price Action in a Stalemate

The bulls on Monday failed their immediate trend continuation setup from Friday’s breakout attempt above 2655 on the Emini S&P 500.
by Ricky Wen - 3 weeks ago