"Market crash is coming." "Bear market is starting." "Black Monday!" "Recession is here." "Market looks weak." Real traders/investors are born in tough times (volatility will eliminate the weak) The legends are born in rugged surroundings (wars w...

REVERSALS Since 2009, there have been several occurrences where the price stayed/dipped below the rising "200SMA" as I have annotated with the blue boxes as below.  We can see that these occurrences were bottoming price-action, not crash signals, as the marke...

DAILY-CHART As long as the "20EMA" is rising and the price is staying above the rising "20EMA," we want to give benefit of the doubt to the buyers The up-gap from 9/13 was filled yesterday and the filled-gap is acting as support this morning (more on...

This is a follow-up analysis to the article I wrote back in March 26th, 2018, titled, "Be Greedy When Others Are Fearful" when SPY was trading at 265. COMPARISON Below chart (daily) is the updated chart to the previous chart (click here to see the chart...

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1. THE ISLAND REVERSAL Island reversal is usually a bottoming reversal pattern especially if it forms after a steep decline.  So the pattern has been formed but the bulls got to make sure it stays that way by keeping this gap open which is protecting the 270-...