Eye SPY Long

With the SPDR S&P 500 ETF(SPY) spiking down to the pivotal 184-185 level on August 14, the Bayesian Timing System (BTS) determined the risk-reward set up was there for a long signal.
by Luke Miller - 1 day ago

Looking Lower in Bitcoin for Another Buying Opportunity

Bitcoin has resisted downside more than any chart in the sector. But it has now fallen in line, and I am looking lower for a buying opportunity.
by Ryan Wilday - 2 days ago

Stock Charts Video: AMZN, NFLX, BA & BABA

Our Stock Waves Charts of the Day video features Amazon.com, Inc. (AMZN), Netflix, Inc. (NFLX), The Boeing Company (BA), and Alibaba Group Holding Limited (BABA).
by Garrett Patten - 3 days ago

All Eyes on Continuation or Bust

The biggest hint we could take from the market are the daily closing prints, whether they are above/below 2865 on the Emini S&P 500 (ES) in the next few sessions as the market makes up its mind on the higher timeframes.
by Ricky Wen - 4 days ago

Has the Market Reset Its Bullish Exuberance?

Did the market reset the bullish exuberance in the beginning of last week with the 2775/76 test on the Emini S&P 500 (ES), and if so, are we ready to again continue the march to new highs?
by Princely Mathew - 6 days ago

US Dollar Drops But Still No Confirmation Of A Top

We are left very much in the same spot as last week and I will re-iterate that both of two paths laid out on the charts are quite bearish for the U.
by Mike Golembesky - 6 days ago

This Is Not What You Would Expect From A Metals Update

With the metals rallying within our analysis expectations, I still think we have higher to go in the coming months, but we will likely see a pullback begin quite soon.
by Avi Gilburt - 6 days ago

Nightly Crypto Report: No Follow Through, YET

After watching today's action in Bitcoin I have to doubt downside follow through and give some nod to a move to $13700.
by Ryan Wilday - 1 week ago

Gold Overbought, Crude Oversold: Market Mood Daily

There is a crude oil buy for Thursday and Friday, then a sell over the weekend. The current oversold condition could add fuel to any rally that might kick in. There is a gold buy Thursday and conditional gold buy Friday. The gold chart shows an extremely overbought condition, so a correction is due at any time, but metals can remain overbought/oversold for an extended period. There are no USD daily trade signals through Friday.
by Dr. Cari Bourette - 1 week ago

Market in Wider Trading Range

The main takeaway from this session is that the market has established a key temporary floor and ceiling for this week.
by Ricky Wen - 1 week ago

This Is Likely Only The “Initiation” Move Off The Highs

With today's major damage done in the market, I think it makes it quite likely that we should not expect any major recoveries into a bullish trend anytime soon.
by Avi Gilburt - 1 week ago

Upper Hand to the Bears

Possible spots where this correction might end are in the 2800 area on the Emini S&P 500 (ES) and below this in the 2730 area.
by Princely Mathew - 1 week ago

US Dollar Continues To Follow-Through To New Highs

I remain quite cautious to the long side here on the DXY and will remain that way until this does indeed find a top.
by Mike Golembesky - 1 week ago

Low 290s Important Decision Zone for SPY

If Bayes could wish upon a star, then the SPDR S&P 500 ETF (SPY) loses its lunch over the next few trading days into a vibration window low between 8/2 and 8/5 that targets the low 290s.
by Luke Miller - 2 weeks ago

Nightly Crypto Report: Stretching Some Legs

Bitcoin continued to rally today. Ether really hasn't.  Is Ether warning of impending doom? Maybe, but right now as Bitcoin continues to push, it can always get "little bro" to catch up.
by Ryan Wilday - 2 weeks ago

Bulls Looking To Close Month at Dead Highs After 2-Day Breather

The Emini S&P 500 (ES) closed at 3015.25 on Tuesday managing to once again "stick-save" at our key intraday support levels.
by Ricky Wen - 2 weeks ago

We Have A Little Room Left

With this morning’s weakness, the S&P 500 (SPX) came right down into our micro support box, and held to the penny.
by Avi Gilburt - 2 weeks ago

Awaiting Bottoming Signal in VXX

We still do not have an initial signal of a bottom in place just yet in the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX).
by Mike Golembesky - 2 weeks ago

Miners Looking to End July on High Note

We have gotten even more than we were anticipating in mining stocks and the VanEck Vectors Gold Miners ETF (GDX).
by Zac Mannes - 2 weeks ago

Asian Markets Round-Up

Charts and wave counts on the Nikkei, Shanghai, Hang Seng, Nifty and ASX.
by Garrett Patten - 2 weeks ago

Price Is King, Though Bearish Signs Visible

With all of these warning signs we are seeing in the open interest and internals, we need to be on alert now for a correction being possible sooner rather than later.
by Princely Mathew - 2 weeks ago

USDJPY in No Man's Land

The USDJPY is still in the very wide range that I need to see a break to give better clarity on the count.
by Mike Golembesky - 3 weeks ago

Nightly Crypto Report: Awaiting Confirmation of Next Move Lower

We do not have "confirmation" yet that the downside is still in play in Bitcoin and Ethereum.
by Ryan Wilday - 3 weeks ago

Video Chart Analysis on PE, ANTM, TMO, and PG

Our Stock Waves Charts of the Day video covers Philip Morris International Inc. (PM), Anthem, Inc. (ANTM), Thermo Fisher Scientific Inc. (TMO) and The Procter & Gamble Company (PG).
by Garrett Patten - 3 weeks ago

SPX Holding The Line For Now

Along with the failure to break out over resistance, so far the action up off of the lows on both the S&P 500 (SPX) and Emini S&P 500 (ES) is counting best as corrective in nature.
by Mike Golembesky - 3 weeks ago