Six minute video discussion inside with my latest thoughts.
click chart to enlarge Insane FC Weathervane reading
click chart to enlarge
click chart to enlarge Market internals are garbage now.
Author: ChrisC
Focus on NDX
Today's NDX looks to point the way lower for equities. Video discussion inside.
click chart to enlarge Barely a signal.
click chart to enlarge
click chart to enlarge
Weekly Update
Liquidity has been tightening a bit since about June 3.
click chart to enlarge
click chart to enlarge
click chart to enlarge
click chart to enlarge
click chart to enlarge
Normal?
Prices continued to be pinned for the most part. Indices are little-changed while folks gawk (or play) at the Meme Stock train wreck.
Maybe normal never returns?
click chart to enlarge\
click chart to enlarge
click chart to enlarge
That Eclipse
March New Moon - beginning of the crypto topping process
May New Moon - Ethereum and Lumber complete parabolic tops.
June New Moon - Eclipsed New Moon early Thursday - S&P at all time highs.
click chart to enlarge
click chart to enlarge
click chart to enlarge
Weekly Update
There's an annular solar eclipse on Wednesday. It it not a particularly interesting eclipse from a cycle standpoint. But recent new moons have seen topping markets, such as the lumber and ethereum tops in May.
click chart to enlarge
click chart to enlarge
click chart to enlarge
click chart to enlarge
Charts of Interest
Some interesting charts today.
click chart to enlarge
Very small divergence on the 5-day breadth oscillator.
click chart to enlarge
RSI divergence, Cycle-Trap, and Net Lines all fired on the daily Gold chart.
click chart to enlarge
click chart to enlarge
Back-to-back Range Bust bars on the Tesla breakdown.
End Times
Has the market ever rung the "Public" bell like the Meme Stocks are ringing it now?
click chart to enlarge
click chart to enlarge
click chart to enlarge