SharePlanner Reversal Indicator: This Could Get Really Ugly

: Ryan Mallory; 07 December 2018

The Bears have held strong ever since Monday's huge gap up.

They have essentially pillaged investors of all their gains from November, and all of 2018, and we are only seven days in.

SPX Monthly is the Most Important Chart Right Now

: Ryan Mallory; 06 December 2018

You need to check out the chart below of SPX, because right now we are testing a massive long-term trend-line going back to the March 2009 lows.

That's right - the whole "But the Dip" era is at risk here, and as I type this, SPX is actually trading below the critical level. But don't let that scare you because we are still early in the month, and it all depends on where we close the month out at.

SharePlanner Reversal Indicator: Nearing Short-Term Bullish Extremes

: Ryan Mallory; 30 November 2018

After two hard weeks of selling, the bulls are set to finish higher on the week, and thereby lifting the optimism of Wall Street heading into the weekend.

I'm 100% cash now, and I plan to keep it that way heading into the weekend. For reasons unbeknownst to me, traders are optimistic and have fueled an unexpected rally over the last two hours of trading. Next week is set to open with a large move based on the outcome of Trump's talks with China at the G-20 Summit. I for one, have no idea how those are going to go, and when there are two massive sized egos in the same room, the likelihood for a compromise isn't likely.