The stock market bubble looks unstoppable And it makes you actually wonder "will the stock market always go up?" With each sell off in stocks, comes the feeling of a stock market crash, only for the dip buyers to buy in at critical support levels. And as we continue investing in stocks and in a
Stocks setting up for further downside. Phenomenal rally of late, but considering the overzealous nature of the market of late, and irrational behavior of the Robinhood Bro’s to keep buying the dip at a relentless pace, the SharePlanner Reversal Indicator is flashing reversal signs that further downside beyond what has been seen this week may
Bearish Reversal Setting Up This has probably been one of the most unexplainable market rallies of our time. Of course when you realize the Fed has added unlimited amounts of funding to the financial market with no care for inflation, and even signaling negative interest rates in the near future, well, I guess, I can
Nearing a bullish reversal, but for now, this stock market is still crashing And should be treated as such! Yes, the SharePlanner Reversal Indicator, over the years, has been amazing at timing bullish reversals in the market, and it is nearing one here. No, it isn’t there yet, but next week is certainly a possibility.
Bullish reversal in place on my market indicator, but can it be trusted? The reversals on the SharePlanner Reversal Indicator are always best served when they happen at extreme levels, because there is enough reflex bounce to get price moving in a substantial way. But this confirmation comes at almost all-time highs, weak volume
The bulls can still continue to push the market higher, but it will have to overcome the market weakness in six of the last nine weeks. The headlines risk is crazy! Let’s just get that out of the way. I’ve been caught with my pants down, and I don’t mean figuratively…I literally mean literally. I
Coming out of the August consolidation has created a very bullish environment for stocks. While I had hoped the market would ultimately break lower and through the August consolidation, it chose (not surprisingly), to break higher and now we are sitting right below all-time highs on SPX. Now, the norm of late has been to
The reversal indicator has been bearish since July, but not anymore. It has been a long time in coming, but this week, there is finally a bullish reversal on the SharePlanner Reversal indicator. The last time we had one of those was in late May, and it doesn’t take a genius to remember just how
Probably a couple of weeks away from a bullish reversal on the indicator. The month of August has had its downs, but more than that, it has been extremely choppy, leaving little room for direction that traders can seize upon. For three weeks now the stock market has been nothing more than a royal chop-fest.
Big bearish reversal signal spells trouble for the stock market. The last time I posted my SharePlanner Reversal Indicator, was back in early June when the market was experiencing the beginnings of a remarkable bounce in stocks. However, now we are sitting at all-time highs, and that same indicator that forecasted a hard bounce has