TWT Analysis

PUSH THE ENVELOPE IMAGE

Monthly time frame: From the June 2015 top IWM has breached the trend line and tagged the 0.382 retracement of the advance from the 2009 low As I have already discussed in the SPX updates, IWM is also displaying a corrective pattern from its June 2015 top For the time being the current rebound should […]

CAVALRY CHARGING

Monthly time frame: On February the 10 mma crossed below the 20 mma. Odds should favor a new bear cycle like the 2000 and 2007 bear markets (Red arrows). During a bear cycle there are snapback rallies that fail at 10 mma (Black arrows) SP500 is now almost backtesting the 10 mma which today stands […]

SURPRISED IMAGE

Monthly time frame: From the IPO Facebook has been rising within a channel There is no clear indication of a Top, just a warning given by the February Harami

Close