Category: Long Term View

Quick Update On COVID and SPX

I was reading a very interesting article yesterday on the progress of COVID-19 and it was interesting not so much because of what was said, as for the decent quality numbers that it was quoting on COVID-19 exposures in the US population, and the fatality rate from the now decently sized statistical sample of exposed...

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Category: Long Term View

Testing The NDX Resistance Trendline

Just a reminder before I get started that we are running our July 4th sale at theartofchart.net at the moment and that will be running until the end of next week. For the duration of the sale annual memberships are available for the price of only eight months at the monthly rate rather than the usual ten...

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Category: Long Term View

Janus Flag Targets

On Friday afternoon. in the webinar I posted on my twitter, I was talking about the either way setup that had formed on equity indices with the formation and break down from head and shoulders patterns on SPX, NDX, RUT and INDU. I noted that on this setup there were only two strong targets to watch, and...

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Category: Long Term View

Staying On Target

I tweeted an excerpt from my premarket video on Thursday last week where I was talking about the ideal path for ES over the coming days and the plan was to see a high respecting a trendline then in the mid-3060s, seen on Thursday afternoon, then a retracement into the 3000 area, seen on Friday, and then...

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Category: Long Term View

Full Of Sound And Fury, Signifying Nothing

It's been an exciting week, with wild moves, bold pronouncements about markets, terrible economic news, expectations about interventions by governments, the number of US confirmed cases of COVID-19 climbing over a million, deaths from COVID-19 in the US climbing over 60,000 and over 235,000 worldwide. Exhausting and TGIF. So what happened on the SPX over...

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Category: Long Term View

An Overflow Of Good Converts To Bad

I have a Shakespeare theme with the title today, which is a quote from Richard III. I am a lifelong Shakespeare lover and have been using some of my quarantine time watching film versions of some of his plays, of which I have about thirty or so in total, many of which were beautifully done....

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Category: Long Term View

Oil And The Old Chinese Curse

My last few posts have been a coronavirus COVID-19 series, so I'm putting in the links here so as to refer back to them easily for now. These are the twelve posts so far. I'm planning to finish this series with a post on the likely economic impact of COVID-19 over the coming year, and...

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Category: Long Term View

The Ghost Of 1987

My last few posts have been a coronavirus COVID-19 series, so I'm putting in the links here so as to refer back to them easily for now. These are the seven posts so far. 18th February - Peering Through The Fog Around Coronavirus COVID-19 24th February - Some Genuine Coronavirus Numbers Coming Through 28th February...

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Category: Long Term View

A Short History Of Superflu Pandemics

My last few posts have been a coronavirus COVID-19 series, so I'm putting in the links here so as to refer back to them easily for now. These are the six posts so far. 18th February - Peering Through The Fog Around Coronavirus COVID-19 24th February - Some Genuine Coronavirus Numbers Coming Through 28th February...

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