SharePlanner

SharePlanner's Trend Reversal Indicator hitting extremes here Over the past 8 years of the bull rally, just reaching a bearish extreme has been, in large part, a difficult task to pull off. But we have that now, and the bearish trend reversal indicator, from a textbook standpoint, should hover here for 2-3 weeks, but recent

There are so many opposing forces fighting each other in the market that determining the ultimate direction it will take is almost futile in its undertaking.  The Fed and BOJ refuses to let this market drop for even a half day. But you have real concerns with Deutsche Bank (DB) tinkering with utter collapse in

The SharePlanner Reversal Indicator is sitting on extreme bearish levels, that at some point will lead to a bullish reversal or hold out at these levels for another 2-3 weeks.  We did, with the sell-off from last week get a test of the 2120 level and the market has, up to this point, held that

Seeing a sharp bounce at the extremes on the SharePlanner Reversal Indicator. That is a bit surprising to me, because with the market range-bound for the past two months and showing no signs of wanting to break it, I would have guessed it would have stayed at the extremes for 2-3 more weeks, barring a

The SharePlanner Reversal Indicator is right near the extremes, but I’m not expecting an upside reversal anytime soon, and if the month of September is anything like what we just experienced in August, then I can assure you that it won’t move.  The market has yet to move this month and is one of the

The S&P 500 (SPX) is down for the month, meanwhile, traders in the SharePlanner Splash Zone are trading with profits. The market has frustrated traders across the spectrum with its mind numbing and dull price action, but in Splash Zone, I have managed to add another month of profitability.  Here are August’s results so

I guess it has come to this: that the market can only move up or down when Janet Yellen gives it permission to. Whether it is a speech, minutes, FOMC statement, or one of her minions on the prowl, the market refuses to acknowledge anything else.  Here we are with another week and the market

As with any bearishness over the years, it has to be taken with a grain of salt. If the market drops hard, then a hard bounce is right around the corner, and if the market sells off slowly but surely, the gains that could have been made by shorting it, will hardly be worth it.

The market is in a funk right now. Friday’s employment number gave a lot of traders hope that the market would make its way quickly to 2200, but that has not been the case, and is now on the verge of giving back all of last week’s gains. There are a number of moving

After a brief period of excitement in the market, when it sold off 1% yesterday, the S&P 500 (SPX) is back to its boring ways from the past few weeks and now trading in a very narrow, intraday range that is leaving traders with little to talk about.  I personally want to see how this one shakes