Author Archives: Art

Monday, October 16, 2017

Continuing from last week, the S&P 500 (SPX) is showing some signs of fatigue, but was still capable in making new highs. Looking at the daily SPX, TD Combo Sell is one count away from a 13, and TD Sell … Continue reading

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Monday, October 9, 2017

The daily S&P 500 (SPX) is very near price exhaustion levels and we should see some mild profit taking or consolidation starting this week. This can occur on Monday if the daily TD Sell Setup records a 9 with a … Continue reading

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Monday, October 2, 2017

Welcome back…Another leg up in the S&P 500 (SPX) is in the works. So far, every price exhaustion point is met with sector rotation, which leads to sideways churn for the SPX. The current narrative is another move higher to … Continue reading

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Wednesday, September 6, 2017

QUICK UPDATE: If the S&P 500 (SPX) can close above 2441.32 this Friday, then the weekly SPX will price flip bullish, which will create more indecisive trading. If the SPX manages to close below 2441.32, the possibility of additional technical … Continue reading

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Monday, August 28, 2017

QUICK UPDATE: The S&P 500 (SPX) feels heavy, but the barometer of negativity remains with the 2425.53 TDST Support level on the daily.

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Monday, August 14, 2017

QUICK UPDATE: The weekly S&P 500 (SPX) chart produced a bearish price flip and now the key chart will be the SPX daily chart. The daily SPX is on a TD Buy Setup @2. If the SPX can puncture the … Continue reading

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Monday, August 7, 2017

The US Dollar Index (DXY) had all the ingredients to trend higher, but something happened in late 2016. Even though the monthly DXY was well into the TD Sell Countdown phase, it was halted with a bearish engulfing candlestick on … Continue reading

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