• The Latest on the Bullish SPRI Reversal

    The SharePlanner Reversal Indicator (SPRI) is looking much more bullish these days. However, I believe in order for it to be taken the least bit serious, it needs the S&P 500 to push through resistance and on to new all-time highs. 

    By |Published On: September 7, 2017|0 min read|

  • Market Forecast: Bullish Price Action with a Chance of Resistance

    The SharePlanner Reversal Indicator is lighting up with green. After a good solid month of August where price action spent most of its time in the red, the last three days have been uber-bullish for the S&P 500 (SPX) and may even finish in the green to close out the month, which would really be

    By |Published On: August 31, 2017|1 min read|

  • This Trend Line Can’t Be Breached

    Stocks  simply don’t want to give up this ride from the past 8 years.  It can’t. IT WON’T! And that is because you have this massive long-term trend-line going back to February of last year that simply won’t break. 

    By |Published On: August 29, 2017|1 min read|

  • Key Technicals on SPX One Hour Chart

    The daily chart on the S&P 500 (SPX) is an absolute mess. There isn’t really much to like about it in terms of determining future market direction. 

    By |Published On: August 24, 2017|1 min read|

  • Stocks Show Signs of Deterioration Under the Surface

    I use the T2108 to gauge the overall market enthusiasm and whether the stocks, as a whole, are really following what the market is telling us.  Just looking at the stock market indices, in particular the Dow Jones Industrial Average. Day after day, it makes new all-time highs. Each day it rides one or two

    By |Published On: August 4, 2017|1 min read|

  • SharePlanner Reversal Indicator: Dip Buying to Nowhere

    Nearing extremes again, but bulls refuse to break The bulls dip buy every chance they get. Regardless of the timeframe that you are looking at, any decline is met with instantaneous buying support. But where does it take us on the S&P 500 (I could careless about the Dow)? 

    By |Published On: August 3, 2017|1 min read|

  • FOMC Statement for July 26, 2017

    Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have been solid, on average, since the beginning of the year, and the unemployment rate has declined. Household spending and business

    By |Published On: July 26, 2017|3 min read|

  • The Weekly Trend Line is Broken but the Market Has Yet to Drop

    The market is gasping for air everytime it revisits the all-time highs that it made back in June. Yet the bears have yet to show up and relieve the market at current price levels that the bulls can’t seem to do anything with.  As a result you have a stalemate. We got the bearish reversal

    By |Published On: July 13, 2017|1 min read|

  • The 50-Day Moving Average + SharePlanner Reversal Indicator

    Breaking the 50-day Moving average may change the feel of this market all together.  The 50-day moving average has held strong for this market since last year's election. There has been a few breaches around the 50-day MA, so it hasn't been a clean hold every time, but in large part, despite the breaks that

    By |Published On: July 6, 2017|1 min read|

  • SPY Channel on 5 Minute Chart

    This channel continues to hold up amazingly well. Check it out for yourself. I posted it on Twitter this morning before the price rejection ever took hold. 

    By |Published On: July 3, 2017|0 min read|