Hope you enjoy your Memorial Day weekend and remember those that gave their lives protecting our country and the freedoms we enjoy.
Above are a normal scale chart and log chart that show a very similar resistance area. Can it break up and outward? It can do anything. But, those upper trendlines have repeatedly served as resistance. 1950's? 1970's?
The author of the charts has a blog where he charts both the short and long term of many different markets: http://www.tradingchannels.co.uk/
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions. The author may have a position in any company or security mentioned herein.
NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANICAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.
Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
Guesstimates on April 2, 2025
-
*June S&P E-mini futures:* The Support at 5700-20 failed Friday as the ES
was crushed by fears of the new tariffs Trump will announce on April 2.
Support...
Morning Post 04/02/2025 SPX
-
Good morning STB!
The good news is that it’ll supposedly take 2 to 3 years for the nut job
globalists in Europe to be ready to fight Russia. The bad new...
April Fools
-
*‘Fools rush in where angels fear to tread’ - Alexander Pope*
Here we are on the morning of ‘Liberation Day’ and it really does look as
though the Trump ...
Daily Market Brief
-
Subscriber content. To subscribe to the Daily Market Brief please visit
Market Services on NorthmanTrader.com. The Daily Market Brief is an
in-depth market...
Transcript: Michael Lewis on ‘Who is Government’
-
The transcript from this week’s, MiB: Michael Lewis on ‘Who is
Government’, is below. You can stream and download our full conversation,
including ...
Keys To Sustaining A Positive Trading Psychology
-
*4/2/2025* -
*Whatever we process most deeply, we are most likely to retain. Many
times, we work on our trading by doing the right things but in a sha...
SPX, INDU, COMPQ, NYA: Important Test
-
A lot of charts again today, so we'll let those do the talking. (Note
there's a page break you have to click.)
Gray 3/C is looking more difficult for bull...
4 Ways to Ensure Accurate Business Finances
-
The post 4 Ways to Ensure Accurate Business Finances appeared first on
NotSalmon.
Accurate financial management is hugely important in business. Whether ...
Crypto Market Weekly Outlook for March 30th
-
Welcome to this week’s Crypto Market Weekly Outlook, post #374, where we
provide a comprehensive analysis of the latest developments and price
movements ac...
Strong Selling The Day Before A Fed Day
-
I have shown many times in the past that Fed Days tend to carry a bullish
edge – especially when there is selling leading up to the Fed Day.
Tuesday’s sell...
Pattern Trading Setups for the Weekend!
-
Bulkowski searches 600+ securities and finds chart pattern trading setups
that happened during the last 7 days. Posted: 27-Mar-25 17:27:09.
Wow, have you seen the stock market lately?
-
And by lately, I mean the past several years or more. The value of the S&P
500 index of stocks, where most of us hopefully have a good chunk of our
retire...
Understanding the Modern Monetary System – Updated!
-
It’s been over 10 years since I published Understanding the Modern Monetary
System, one of the most widely read papers in the SSRN research database. I
pub...
Dogecoin: Will It Break $1?
-
Will it break above $1?. That’s the question millions of crypto watchers
are asking now. Dogecoin may be on your watch list, too. After all, its
9000%+ r...
The last of 12326
-
February 22nd 2012.....
First post...
https://permabeardoomster.blogspot.com/2012/02/can-anyone-fly-plane.html
--
This post will be the last under the o...
Weekend Report
-
Weekend Report Provided by the OEW Group December 7, 2019 SPX closed last
week at 3141 after making a new high at 3154 into the Thanksgiving holiday.
Nega...
Bullish Breakouts and Trend Continuity in 2017
-
In the heat of battle, it’s often helpful to raise your perspective to
higher ground. That’s what we’re doing here with the clear price patterns
and breako...
It’s Not About the Status Quo
-
If we think God came down from Heaven to restore the status quo, we are
mistaken. The whole miracle of the incarnation and subsequent death and
bodily re...
The Market Ticker - The Pattern of The Market
-
*Looks awfully similar to 2008.*
*Rotation back and forth, with most of the gains coming in a handful of big
names with big stories -- but no earnings to...
Kafka For The Twenty First Century
-
I've been spending a slightly frustrating day trying to update my payment
details at google. To log in to my admin console I need to log in using my
G Sui...
The most successful traders
-
The most successful traders can talk in detail about the patterns that they
perceive in markets and how they have traded those patterns. The patterns
ma...
Health Care in CBO’s Long-Term Budget Outlook
-
Federal health care spending is one of the most important projections in
CBO’s recent Long-Term Budget Outlook since it is a key driver of the
growing n...
Weekend Overview and Analysis 04/17/16 {Video}
-
The following video is a brief, condensed version of the full-length
Weekend Video Strategy Session which I present each weekend to members of
Market Che...
Daily Observations 11/9 – ES hits channel low
-
ES finally hits channel low as speculated on 11/3
(http://vadercapital.com/?p=4667) Rising rates and unsteady earnings
keeps this as a peculiar trading...
