How Tops Form in The Stock Market

How Tops Form in The Stock Market

It appears as though the markets are going through a topping process, though not all of the attributes of a top have been put in place. I mentioned in the About page that my formal technical training came from the Stock Market Institute in Phoenix Arizona. The...

Is the Correction Here? What it can Mean…..

Just a quick look this morning as the market looks to be completing a short term top. I will discuss how we got there in a later post. A quick look at a point and figure chart for the S & P 500. From the 1640 level there are 8 boxes in the count and since it is a...
Potential Breakdown for the Markets?

Potential Breakdown for the Markets?

While the breakdown hasn’t happened it appears as though it may , therefore, I’m letting you know my thoughts in advance. As I write this post we have had no follow through Friday’s recent bounce. The bounce occurred off the trend line in the upper...
Correction Coming?

Correction Coming?

The S & P 500 has been in an uptrend channel since 2009 and when it approaches the upper end of that channel it invariably goes into a correction. From September 2012 through January 2013 the markets were preparing for another move within the trend channel. I use...

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