Oscillator hit "overbought" zone about 2 weeks back. So it pulled back to the key moving average ("short-term" MA) and been holding above it ever since.   SPY DAILY BARS   So, the market has been chopping in the last two weeks waiting...

It was dumb. But I kept hearing about it and the more people talked about it the more bullish I got. What was I keep hearing about?? The "death cross" signal. Basically, mofoz be putting two long-term moving averages and they observe the cross down...

That bullish divergence is now fully matured (here are the SPY video and QQQ chart when it was just breaking out)! So, now that the oscillator is at the 'extreme overbought' zone, isn't it suppose to bearish?? Normally it would be, at least in the short-...

REVERSAL CANDLES The Three White Soldiers (weekly candles) are here. Witnessing, these, consecutive, three weeks of bullish candles are rare especially after a steep decline we've seen last few months (because the market, typically, don't go straight up duri...

CORRECTION CALL Late July, I've made a blog post here explaining why I believe that about -10% correction is on the way. Market has corrected about -8.5% since the July peak (SPY 460) to the recent October lows on SPY (SPY 420). Now I am calling that the mar...