TWT Analysis

dead cat bounce

Weekly time frame: The decline from the April high has found a temporary halt at the support located at 2040. SP 500 ended lower for the second week in a row for the first time since the beginning of the rally from the February low,  however the weekly Doji is suggesting a potential rebound which […]


Monthly time frame: The sell signal triggered by the bearish cross of the 10 mma below the 20 mma, so far, it has not ignited a new bearish cycle like the ones occurred during 2000-2002 and 2007-2009. Instead of a downward move this time it looks more likely that price is unfolding a consolidation phase. […]

on sight

Weekly time frame: SP 500 has not been able to overcome the last obstacle (November peak) prior to the May 2015 all time high The week ended with a Shooting Star. A short-term top could be in place provided last week low at 2073 is breached If the Shooting Star is confirmed we have three […]