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keep the charts coming my friend. :)

Interesting, thanks.

thank you for the links, very interesting. I think we can all agree the correlation in recent months has been high. Currently, the spx is up a full ATR so i would think it would be coming close to the high of the day. However, october's high is now clearly broken after 5 days of sideways...

Yes we will. dj30 still has the year's high to break through for momentum to return. comp and ndx look the most promising for a move to the upside, Rut continues its elongated wedge formation and appears to be at decision time, with most ma's converging. GLD and SLV both continue to...

Very interesting case for the downside. Thank you for the analysis.

Uptrend since Oct low.

U.S. equities have yet to hit a RTH weekly high as ES is setting the high overnight and stocks are not making the same move in RTH. Yet another overnite high this morning for ES. The market is showing trepedation, but we could see a breakout in the latter half of the day. The dow continues to...

i agree, the decoupling is a major development.

Thanks for the post. Vix continues to crater, and nasdaq is virtually breaking out of the head and shoulders pattern, as well as breaching Tuesday's hi. Rut continues its uptrend of the last 6 months. spx is trying to break the Tues hi, and it looks like the atr may attempt to increase...

This is a place members can state their views on where the market is heading over various time frames. I like to discuss 1 week, 1 month and 3 month time frames. The purpose is not to create conflict of opinions but a place where individual analysis can be explained for many to benefit...

Significant gap up in spy. es continues to march foward but has yet to break the overnight high, just a few points away though. Looking at a daily chart the move looks like a head fake to me, but resistance is a paltry spx 1295 and 1307. This move could easily keep advancing. However, 9...

lol, wrong on the close, spx is flat for the year, only happened a few times in the last century. spx is at a flux point with the ndx and comp under water and dj30 doing much better. 200ma continues to be the battle ground. I can see the spx targeting the mid 1300's with the election...

today the battle appears to be over spx 1257, which is break even for the year. Best guess is a 1265ish close to add at least .5% for the year. The ATR5 has contracted to just over 10. Next week there are 4 trading days, we could see a couple of 15+ point days right out of the gate to return...

thanks! Now that the spx is up .1% for the year i think maybe the bulls can claim victory for the day. The technology market wedges are reaching the focal point and will need to make a decision. dj30 is approaching the recently penetrated highs and the year's highs are not too far...

Statistics held, 5 up days (that 5th was by a sliver), and the next day is down. thus far the wedges are all holding. If the highs hold expect a 3% down move the first week of jan. Best guess this week is a presumed drift higher thursday and friday.

Heading to 666 on the spx? Yikes. Maybe precipitated by a U.S. debt crisis? Do you think earnings will crater that much?

dj has risen above a significant high, and spx is appearing to do so as well, but looks as though simply drifting up. If buying comes thru with conviction, i.e. spx 1271ish, 1290 should come quickly. On the contrary side, today is the 5th day up in a row, if it closes higher. Statistically, 6...

often a little give in the level, but agreed. dj has already broken out. drift up...

I didn't see the guy explain the actual trade structure but it isn't difficult to put the pieces together. SJO: this guy is trying to patent his trade structure...really? DS: heard good things, he is humble and educates for the cboe.

Yikes what were the entry prices? I'm not seeing a sell off but rather closing a point higher than current high of day.