The leading story for the sell-off has been Wall Street’s shock by the mounting worries over instability in China and emerging markets. The tumultuous...
“Wild” is an understatement to describe today’s equity market moves. Some say the Chinese are at fault for their unexpected move in currency, but whatever...
We will update later on tonight after 9pm. But today’s close was WEAK, which was very good because many people were hoping for a strong bounce and the...
The 16258.10 is a BULLISH REVERSAL, not BEARISH. The underlying Daily Bearish are 15340.00 and 15300.30, followed by 15095.00. Technical closing support...
That is a Monthly Bearish at 16680, not a Daily. Penetrating that intraday merely meant we were blowing through to the main Monthly Bearish Reversal lying at the...
We show important closing support at 16258.10 on our What-If Model. A closing above that level will help to firm today as at least a temp low. A closing ABOVE...
Our models show a gap in the Reversals, which is what you look for in a panic move. We warned, “A closing below 16680 would warn of a drop to the 15500...
This three-month rout in equities is scaring the hell out of everyone. It has changed the view that the Fed will not raise rates, which has sent the dollar lower in...
A false move is measured from the high, not current time. Therefore, a FALSE MOVE would be two to three months from the May high in the Dow, which means an August...
