Stock Market at the PrecipiceStock-Markets / Stock Markets 2014Aug 13, 2014 – 05:32 PM GMTBy: Anthony_CherniawskiGood Afternoon!SPX appears to be wrapping up its retracement at the 50% Fibonacci level. This is an irregular Wave 2 in the form of an expanding diagonal. Normally we see prices go to the mid-Cycle resistance, but the SPX does not appear as if it […]
Stock Market Pop and Drop May be in ProgressStock-Markets / Stock Markets 2014Aug 13, 2014 – 02:54 PM GMTBy: Anthony_CherniawskiGood Morning!The SPX Pre-market is up 6.50 this morning, challenging Short-term resistance at 1940.77. This appears to be a retracement probe that may not go much higher. The SPX futures are up 4.95 as I write.ZeroHedge reports on the effect of […]
Stock Market BreakdownStock-Markets / Stock Markets 2014Jul 10, 2014 – 06:58 PM GMTBy: Anthony_CherniawskiThe Pre-market (delayed) is down .8% as I write, while the futures are down over 1%. This puts SPX below the hourly mid-Cycle support at 1957.39. Try as hard as I might, I could not get an impulse out of this week’s decline in the SPX, although […]
Professor Jeremy Siegel thinks it is.His most recent call is that the stock market as a whole is selling for 10-15% less than it should. Fed chairman Janet Yellen in recent testimony didn’t say it was cheap, but she thought it wasn’t very expensive either.Are they right?Consider this. If you compare the price to the corporate earnings, as Yellen said […]
Watch me use Fibonacci Extensions to locate an entry point on one of the three trades recorded in the video.Visit my store to learn how to read and use charts.Read trader testimonials HERE about my private trading group.ClayTrader.com is a wholly-owned subsidiary of Guidance Marketing, LLC. Guidance Marketing, LLC and its employees are not a Registered Investment Advisor, Broker Dealer or […]
Stock Market Supports BrokenStock-Markets / Stock Markets 2014May 07, 2014 – 08:47 AM GMTBy: Anthony_Cherniawski
After several attempts, SPX broke through its Short-term support at 1876.07 and is headed for its combined Intermediate-term and 50-day Moving Average at 1864.91. It has passed through that area so many times it is a wonder whether it may even stop. […]
Stock Market Flash Crash Alert!Stock-Markets / Financial CrashApr 16, 2014 – 02:57 PM GMTBy: Anthony_Cherniawski
I have been attempting to find the reason for the triple bottom at 1814, 1815 and 1816. The best I can figure is that SPX is finding support at the 120-day moving average and Wave [ii] is expanding for another challenge of […]
Stock Market Crash Fractal – Deja Vu 2000 All Over AgainStock-Markets / Financial CrashMar 21, 2014 – 06:15 PM GMTBy: Anthony_Cherniawski
The Crash Fractal is still alive and well in the Dow. Its peak was December 31. The peak in NDX was March 7. It is now reversing hard down, as anticipated.The peak in the Russell […]
Stock Market Trigger Points and Sell SignalsStock-Markets / Stock Markets 2014Feb 12, 2014 – 03:51 PM GMTBy: Anthony_Cherniawski
The Pre-Market is flat this morning. The SPX made a perfect reversal pattern and now it needs the decline. The trigger point (make sure you are short) in SPX is the 50-day moving average at 1809.25. I normally […]
Stock Market Necklines BrokenStock-Markets / Stock Markets 2014Feb 03, 2014 – 07:32 PM GMTBy: Anthony_Cherniawski
The Head & Shoulders neckline has been broken. We should see the SPX continue its course to or below the H&S minimum target of 1694.92. This will not only give the initial break of the Orthodox Broadening Top but also break […]
