Sector Watch: Financials - XLF, JPM, BRK.B, BAC, & More

In this webinar we looked at the Financial SPDRs (XLF) and many of the largest components.
by Zac Mannes - 2 days ago

Resistance Repels Bulls

The bulls did not have enough juice to close above 3337 on the Emini S&P 500 (ES) for the closing print and the mythical creatures/bears got what they wanted for just a single day by closing around the lows of the day.
by Ricky Wen - 3 days ago

Still Over Support But Warning Signs Are Flashing

While we still have several levels of support to break across the board, we are starting to see some cracks in this market which is certainly making me cautious up here at these extended price levels.
by Mike Golembesky - 4 days ago

Indicators Remain Bullish, But...

I like the coming week for a turn/pullback to begin. However, price is the ultimate decider and we have to respect it as it continues to grind higher.
by Princely Mathew - 1 week ago

Looking for One More Push

For long-term traders, we have the first strong signs this bottom WILL hold. But, long-term traders may want to wait for the diagonals shown on the ETH and BTC charts to fill out.
by Ryan Wilday - 1 week ago

Bayesian Signals Flip To Long in SPY

Keeping an open mind to the dynamic, non-linear nature of markets is one of the specialties of the Bayesian Timing System (BTS), and near the low of the day on January 14, the signals in SPY flipped to long.
by Luke Miller - 1 week ago

Charts to Watch: FDX, CGC, CHK and more

Also covered in our Charts of the Day Video are DIS, CTL, LYFT, EEM and AMZN.
by Garrett Patten - 1 week ago

Market Stretching For Higher Targets

As long as 3270 ES holds as support, then I can still expect one more push higher towards the 3338 region on the S&P 500.
by Avi Gilburt - 1 week ago

Bull Train Resilient

The bull train remains quite resilient and doing everything in its power to uphold the ongoing daily8/20EMA momentum trend since October 11, 2019.
by Ricky Wen - 1 week ago

Flat Is The Correct Position

Considering everything along with price, I think we have more corrective business on the downside ahead -- the only thing is that it is OPEX week and we usually do have a positive bias on these weeks.
by Princely Mathew - 2 weeks ago

Bayesian Update on SPY, GDX & USO

With GDX crashing directly into Bayesian support in the low 28s, the BTS is attempting a long stab.
by Luke Miller - 2 weeks ago

Awaiting Topping Signal in NQ

Until we can get through that 8578 support level, the Emini Nasdaq 100 futures (NQ) is still in wave (4) territory.
by Mike Golembesky - 2 weeks ago

Existing Bull Train Given Another Chance

This week in general will be all about whether the Emini S&P 500 closes above or below daily 20EMA to prove that it’s time for mean reversion for the bears/mythical creatures or that the existing bull train continues like clockwork.
by Ricky Wen - 2 weeks ago

Eyeing Corrective Bounce in Nat Gas

Watch for NG to move down towards 2.13, followed by another corrective rally and then resolution to the lower targets.
by Arkady Yakhnis - 3 weeks ago

MarketMood Tuesday: Last Day of The Decade

The mood pattern for Monday and Tuesday would normally point to something seriously destructive as well as the potential for negative governmental or geopolitical events, and MMI is down.
by Dr. Cari Bourette - 3 weeks ago

Is The Advance Complete?

Next resistance higher is at 3260-65 area. And support below is at the 3225-21 area.  A break of this area at a minimum is required to start entertaining more bearish possibilities.
by Princely Mathew - 3 weeks ago

Near-Term Pressure Up in Russell 2000

As long as 1653 holds on the Russell 2000, the near-term pressure will remain up.
by Mike Golembesky - 1 month ago

Nice Follow Through On Metals

As the metals were completing their corrections over the last several weeks, silver gave us its usual high probability bottoming indications with the 144-minute MACD bottoming out.
by Avi Gilburt - 1 month ago

Dance Into Year End

By now, everybody and their mother should know that the bulls are trying to wrap up the year-end closing print at the dead highs/around the highs as we’ve discussed numerous times.
by Ricky Wen - 1 month ago

Nightly Crypto Report: Testing C Wave Resistance

If GBTC gets through today's premarket high at $8.83, I'll at least need to be short-term bullish. But the overall price action is quite messy.
by Ryan Wilday - 1 month ago

Ratcheting Up Stops

We all know that market is extended and in a position to pull back.  We're just not getting any major sell signals.
by Carolyn Boroden - 1 month ago

Locking In Profits, Re-Assessing Path

On December 17, the signals changed to neutral, as Path 2 discussed below witnessed a quick rate-of-change at the micro level.
by Luke Miller - 1 month ago

Models Continue To Be Bullish

It looks to me like we extend to the 3200 area very soon and possibly a little higher than that before we finally get a reset lower to the breakout area around 3025 on the Emini S&P 500 (ES).
by Princely Mathew - 1 month ago

New Lows On The US Dollar Could Signal More To Come

This week we saw the DXY continue to move lower breaking down below the November lows, thus giving us further confirmation that we have indeed struck a longer-term top on the US Dollar.
by Mike Golembesky - 1 month ago

Finally A Decision

With the S&P 500 breaking through 3151 today, it has made its decision of a direct path for a 5th wave.
by Avi Gilburt - 1 month ago