Get Ready For A Stock Market Reversal

Stock Markets are showing signs of weakness and an imminent reversal (see above video). The volatility index (VIX) – also known as the market’s “fear index” – surged by nearly 16% on Friday and closed above its 21 EMA. A rising VIX usually has bearish implications for the stock markets. The Nasdaq which has enjoyed [...]

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Stock Market Update | How Much Lower Will Markets Go?

On Monday I posted on my facebook page that if the S&Ps (ES) closed below 1200 we were going to see much further downward movement on the stock markets.  The ES closed almost 10 points below the 1200 level on Monday, and since then the markets have slided much lower (currently at the 1152 region).

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Stock Markets Are Preparing For An Explosive Breakout

Be prepared.  Something big is brewing up on the stock markets.  That is, the markets are getting prepared for an EXPLOSIVE breakout. Let’s take a look at the Nasdaq. The above chart shows that the Nasdaq has tested the 2420 region many times (once in the spring, twice in the summer, and twice in the [...]

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Stock Market Update | Will Bears Experience More Pain?

Friday’s breakout of the consolidation on the S&P 500 (futures) may have delighted the “bulls” in this market. However, even with the unconvincing volume behind this move (see chart 1), I remain sceptical.

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