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SPX Daily Chart Upward-Sloping Channel

The SPX tested the 50-day MA at 1605.35 yesterday and bounced. This move mimics the prior tests (red circles) that all led to recovery ral...

SPX 60-Minute Chart 200 EMA Cross Downward-Sloping Channel

The SPX recovers yesterday in dramatic fashion setting up a back kiss of the 200 EMA. This is very important today. The failure a couple day...

Copper fell through the bull-bear line in the sand at 41.40 like a hot knife through butter helping the bears. The utilities remain front a...

The NYMO drops to -107 yesterday now in the zone where the May 2012 and August 2011 sell offs moderated. Thus, a dead-cat bounce would be an...

The SPX drops under the 200 EMA at 1629.00 yesterday signaling bearish markets for the hours ahead and days ahead. The market bears are on...

The BPSPX is a useful market tool that verifies market direction. A move above 70% signals bull market fun continuing while a drop under 30%...

Two key levels exist when using the utilities as a market forecasting tool. First, the 50-week MA, now at 480.83, and second the weekly clos...