SPX went up through both of the annual pivot and 50dma resistance levels and has come close to a test of declining resistance from the all time highs, now in the 2690 area. I was talking earlier this month about the vital importance of monthly closing resistance at the monthly middle band, now at 2664....
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Bear Flags and SPX Annual Pivot
In the video below before the open this morning I looked first at the clear bear flag rally patterns developed on ES, NQ, RTY, DAX and ESTX50, then SPX, NDX and RUT. That's a lot of bear flags and while these don't always break down, they usually do and the odds favor that again here....
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Chart Chat for September 6th, 2015
Below is the Chart Chat video for September 6th. This session was an hour in length and we covered Indexes,? Currencies, Energies, Precious Metals, Bonds and a Q&A session. Jack and I have started our subscription services. Please check out our new subscriptions here -? https://theartofchart.net/2015/09/06/subscription-services-now-avaliable/ We are now offering Chart Chat as a subscription...
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Chart Chat for August 30th, 2015
Below is the Chart Chat video for August 30th. This session was an hour in length and we covered Indexes including International,? Currencies, Energies, Precious Metals and a Q&A session. Jack and I will be starting subscriptions next week in September. Included will be a chart service which will include a basic package of instruments...
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Chart Chat for August 9th
Below is the Chart Chat video Jack and I just recorded? for August 9th. This session was an hour in length and we covered Indexes including International,? Bonds, Currencies, Energies, Precious Metals and during the Q&A session we covered AAPL, URA, International Indexes and a few Technical Analysis questions.? I cut out the Q&A session...
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Monday Update – Three Videos – Regular Update, International Indexes and Gold
Three videos this evening - the regular Monday update, a special update on international indexes and a special update on Gold as our first target has been hit. Monday Update [embed]https://vimeo.com/133943486[/embed] SPX - Near a turn, expecting marginal higher prices or the high from Friday could be it. RSI divergence is a MUST WATCH -...
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