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It’s getting a familiar.  The intraday technicals look like garbage. The eMinis go down some, but stop. Then rally late. The market is clearly deteriorating internally, but it’s just not “TIME” to go down yet. For all the reasons we outlined on Saturday here. A few months ago (somewhere in the archives) is a day [...]

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Yesterday we wrote. “Oil may take the cue from gold, in which case we’ll see both now turn lower for the next swing move..” Oil dropped $4.42 today. click chart to enlarge

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The intraday volume oscillator has an important message now.

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I should listen to myself. Maybe I’d be smarter!

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Here’s a look at the daily charts for gold and oil.

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We’re getting some short-term signals here, but are they enough  to turn the market lower?

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Stock prices have become unhinged from the solunar model. The model is heading lower and stocks are heading higher. There may be a Spiral Calendar influence at work here pulling prices up.

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