SharePlanner Reversal Indicator is wanting to reverse for the betterment of bulls. It is the rally that won’t quit, but don’t mistake that for believing that it is somehow “different this time” – because it is not. […]
I feel like, honestly, the expression “Going nowhere fast” is creeping into every one of my posts these days. In reality, that is the state of the market. Market sells off hard and fast this morning, but by afternoon, it has managed to rally back to near break even. Prior [...]
Currently Rally Losing Momentum More action off of the 10-day moving average today on SPX. It is holding strong once again today, with another solid bounce. You can make the case that the market is in a mind numbing bull flag pattern that has lasted longer than the rally itself [...]
SharePlanner Reversal Indicator came through like a charm Last week I was stating that the SharePlanner Reversal Indicator was more than likely going to make a move to the upside and the SPRI was already forecasting the move. And that is exactly what it did. The proof was in the [...]
Bullish Trend Reversal Signaled In somewhat of a surprising development following yesterday's hard sell off from the day's highs, the bulls are managing to put together a bullish trend reversal on the SharePlanner Reversal Indicator. That's actually quite impressive considering where the market has been over the past few weeks. [...]
