The wedge has held, with buy signals today from both the VIX and S&P breadth oscillator.
click chart to enlarge
Category: Crude Oil
That Wedge
The S&P rises slowly within its "Wedge of Death."
click chart to enlarge
click chart to enlarge
click chart to enlarge
End of Month Review
Still Blowing on the Bubble
That combined Central Bank balance sheet keeps going up!
click chart to enlarge
Grinding
Stocks are grinding, and have pushed through resistance, at least for now.
click chart to enlarge
Listless
Those Central Banks
Pay attention to the Central Banks and their ability to float more paper.
click chart to enlarge
Four Central Bank balance sheets summed in dollars; the FED, ECB, BoJ and PBoC, against the MSCI World Index.Oil Seasoning
The oil rally has run out of seasoning.
click chart to enlarge
The crude oil Solunar Model did such a good job with the late January low, we need to pay attention to this seasonal high now.