Looks like the markets are temporarily bottoming out. I'm seeing a bullish pattern on the hourly charts in the form of the famous U-shape. Check out chart below. ($ES_F, $SPY). Also, Gold ($GLD) and Silver ($SLV) seem to be topping out too. Gold is seeing a +3.7% drop as I type ...

It's been an extremely volatile market the past couple of weeks, and it looks like it's going to get a little bit worse. Below is a weekly and daily resistance/support analysis of the Emini. We are definitely in a bear market that could turn out to be like 2008. Every ...

I was doing some research on trying to see if there were any other indicators that could be of use, in navigating the equity markets. Anyways, I came across the NYSE Summation Index - $NYSI. I think checking it out might be worth it. I've been doing some analysis on ...

$ES_F, $SPY, $CL_F, $USO, $TLT Last week was an intense week, in terms of what happened in the markets. Equity assets were down big, Metals (Gold and Silver) fell sharply, Crude Oil tanked too. The only markets that did otherwise were Bonds ($TLT) and U.S. Dollar ($UUP). I was completely wrong on ...

I think we can officially declare a bearish market now. The S&P 500 has broken its head-and-shoulder neckline and I don't see it coming back to its 2011 highs. Yes we may see a couple of dead cat bounces but those would be opportunities for sellers to get back into ...