COMPARISON Market did see a strong bounce today after the oscillator hitting the overbought level once again last Friday. Obviously the price-action itself is much more volatile today comparing to what happened in 2016 October, but, the sentiment from the osc...

 Video Analysis Short-Term Sentiment General rule is pretty simple in a raging bull market like we are in today. Price stays above "Rising 20EMA (setting on high)," minor-term sentiment is bullish Price stays above "Rising 50EMA (setting on low...

Moving Average S&P 500 is down -1.28% (biggest down day this year) today, as, finally, we've lost 20EMA to the downside which I've been talking about all through out this year.  This means minor-term sentiment has now turned to bearish.  However I don't b...

Related Analysis: "The Matrix Bulls" SPY Daily S&P 500 is breaking out as we are now clearing well-above the recent resistance (blue dotted).   As long as this market stays above "20EMA" benefit-of-the-doubt goes to the buyers in the minor-ter...

The DeJa Vu If you study the comparison charts below, you can see the similarity of the price-action sentiment with "Today" and "April - May 2014."  Matrix-bulls brewing something similar here to 2014. I think if we can able to hold above that "Ri...

The Sentiment SPY has been hovering above the 212ish "Current Support" level last week while the 215ish-level acting as "Recent Resistance."  Going into this coming week, I think those two levels ($212ish & 215ish) will be very important to watch (as I ha...