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...