Blog

Forecasting Against the Wind

  The leading story for the sell-off has been Wall Street’s shock by the mounting worries over instability in China and emerging markets. The tumultuous [...]

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Market Talk – August 24, 2015

“Wild” is an understatement to describe today’s equity market moves. Some say the Chinese are at fault for their unexpected move in currency, but whatever [...]

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Understanding How the Market Trades

We will update later on tonight after 9pm. But today’s close was WEAK, which was very good because many people were hoping for a strong bounce and the [...]

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Dow Daily Bearish Reversal 15300.30

  The 16258.10 is a BULLISH REVERSAL, not  BEARISH. The underlying Daily Bearish are 15340.00 and 15300.30, followed by 15095.00. Technical closing support [...]

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S&P 500 Typo

It’s 190600, not 1980600. Hey, I never took typing is high [...]

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16680 Clarification in Dow

That is a Monthly Bearish at 16680, not a Daily. Penetrating that intraday merely meant we were blowing through to the main Monthly Bearish Reversal lying at the [...]

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Dow Close for Today

We show important closing support at 16258.10 on our What-If Model. A closing above that level will help to firm today as at least a temp low. A closing ABOVE [...]

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Panic – Time to Jump on the Low?

Our models show a gap in the Reversals, which is what you look for in a panic move. We warned, “A closing below 16680 would warn of a drop to the 15500 [...]

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The Three-Month Rout as People Fear New Asian Crisis

This three-month rout in equities is scaring the hell out of everyone. It has changed the view that the Fed will not raise rates, which has sent the dollar lower in [...]

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False Move = August Low in Dow

A false move is measured from the high, not current time. Therefore, a FALSE MOVE would be two to three months from the May high in the Dow, which means an August [...]

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