Friday Update – Covering the Usual Suspects

Friday Update – Covering the Usual Suspects

Today’s update focuses on the usual suspects – SPX, RUT, Oil, USD and Gold. At the end of this post also find a video I promised explaining the bigger picture on SPX – was recorded two days ago but still relevant. RUT – Clearer structure and 4th wave of flat is done, likely we see […]

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Wednesday Update – SPX, RUT, Oil, USD and Gold

Wednesday Update – SPX, RUT, Oil, USD and Gold

Today?s video update we focus on SPX, RUT, Oil, USD and Gold. SPX – Watch for a pullback and support tomorrow either at the middle bollinger band around 89’s or lower at the monthly pivot. If support is found, we should see the 2120-22 area. If support is not found and we break the monthly […]

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Monday Update – SPX, RUT, Oil, USD and Platinum

Monday Update – SPX, RUT, Oil, USD and Platinum

Monday Update – SPX, RUT, Oil, USD and Platinum

Today’s video update we focus on SPX, RUT, Oil, USD and Platinum. SPX – Overhead resistance starts at 2083 (the monthly pivot) and continues to the daily middle band at 2088. Structure appears to be a flat which calls for a back test and higher prices before a reversal. Watch tomorrow for a test of […]

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Wednesday Update – SPX, RUT, Oil and USD

Wednesday Update – SPX, RUT, Oil and USD

The mid week update and appears we have healthy divergence and a turn in the indexes. SPX – Cash market has tested the gap lower in futures on Sunday with a healthy divergence. Expecting a decision higher in the 2100-2105 area after a backtest. RUT – Same pattern playing out – structure more clean and […]

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Chart Chat Video Review – June 2015

Chart Chat Video Review – June 2015

Jack and I do a video review of the markets every Tuesday called Chart Chat which is primarily educational and intended to help traders learn how?to use?technical analysis?in Indexes, Bonds, Energies, Currencies, Precious Metals and Commodities. Once a month we will be posting a Video Review of our work here on The Art of Chart. […]

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Video Update of Market Action – June 29th 2015

Video Update of Market Action – June 29th 2015

Following up on two recent posts in the last few weeks – Russell 2000 – A Turn is Brewing?? and? S&P 500 – Sign Posts of the Coming Correction? – both are playing out as expected.?Here is?a?quick video update and a few charts: Hopefully the video is a useful update to the articles.?It specifically covers […]

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S&P 500 – Sign Posts of the Coming Correction (REPOST FROM JUNE  19)

S&P 500 – Sign Posts of the Coming Correction (REPOST FROM JUNE 19)

S&P 500 – Sign Posts of the Coming Correction (REPOST FROM JUNE 19)

Anytime someone mentions a correction in the S&P’s usually traders associate it with a crash or some bold prediction some pundant makes to get attention. This post is neither of these, just some simple charts showing signs that a downturn is looming and perhaps will begin in days. Listen to your charts, here’s what mine […]

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