Stocks and the dollar are clinging to support. Support will break in my opinion.
click chart to enlarge Potential bullish divergence, but it will be erased with a sharp decline.
Tag: Subscribers
The Tide Goes Out
The tide turned officially on March 19 with the high reading of the tidal component for the year.
click chart to enlarge
click chart to enlarge
Weekly Update
Stocks are not ready to decline.
click chart to enlarge
click chart to enlarge
Weekly Update
Recent selling appears to have run its course.
click chart to enlarge Did new highs just bottom?
click chart to enlarge Oversold
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Rout About It
"Stocks end three day rout" - Bloomberg headline.
Not sure that headline writer has ever seen a rout.
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Bond Trouble Ahead
What happens when a "rally to nowhere" ends?
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click chart to enlarge
Weekly Update
Are Central Bank balance sheets still relevant for asset direction?
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click chart to enlarge Perhaps not, but I still want to know when this 90 day correlation rolls over.
click chart to enlarge New highs continue to thin.
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The Dollar Rally is Back
The next leg up in the dollar has begun.
click chart to enlarge