This Morning’s Bounce Was Not A Surprise.
This morning's bounce was already on the map. SPY has been trading inside a descending channel since the start of March. Two parallel lines sloping
This morning's bounce was already on the map. SPY has been trading inside a descending channel since the start of March. Two parallel lines sloping
This morning was a Jameson Jump. That is what I call it when the market makes a dramatic leap that looks like a recovery but
I said it this morning at 8 AM. This is worse than I thought. Not because of the headlines. Not because of Iran or the
This Is the Easiest Chart of the Year. I mean that. Look at what SPY is doing right now. It is moving inside a clean
I am going to show you something. Last year, before most people saw it coming, the market followed a very specific sequence. It consolidated in
The Market Was Already Breaking Down. Iran Just Gave It an Excuse. Nobody was listening when I said it. Weeks ago, before the first missile,