If you have been following any of Gordon’s Macro work then you are aware that there is a disconnect between the current market and reality. One of the many issues associated with this is trying to determine how high the market(s) will go. With respect to the S&P, it is also making new market highs: […]
Trig TA INDEXES
SPX Technical Update 2017 06 19
Weekly: the chart to the right shows what we had given last update, the red numbers 1-3 have been added and highlight the targets the market moved through. You can see these in the current weekly chart below, with the market sitting at target 3. Since last update the market lifted in to HPTZ1; pulled […]
TNX 10yr Technical Update
Weekly: The last time we updated the TNX we were watching for a potential move lower to fill a gap (yellow highlight). This occurred, and the market now sits at several significant technicals. The pattern for the lift since June 2016 could be seen as a potential expanding wedge, with the market currently sitting at […]
S&P 500 FORWARD PE v VIX RATIO
S&P 500 FORWARD PE v VIX RATIO The Financial Times in London identifies the S&P 500 Forward PE to VIX Ratio as something to pay particular attention to when considering just how expensive the US Equity Market has become. The S&P 500 Forward PE to VIX Ratio is presently at highs only seen prior to […]
MARKET GREED/FEAR INDEX: Extreme Greed (AAII, INVI, MARKETVANE, VIX)
MARKET GREED/FEAR INDEX: Extreme Greed (AAII, INVI, MARKETVANE, VIX)
SPX Technical Update 2017 02 25
Last update we were looking for a lift to 2300 for the SPX, where we were watching for potential resistance. This was based on Fibonacci extensions, and we can see the market has followed them well. Resistance did occur and the market held at the 2300 level for 2 weeks before finally breaking through. The […]
TNX CBOE 10yr Treasury Note Yield Technical Update
WEEKLY View: A long term descending wedge pattern can be seen coming from the left of the chart; this has recently been violently broken through: the lift can be seen to reach significant pattern resistance. The last few weeks have seen the market fall off slightly from the recently made high, dropping back in to […]
SPX Nov 27 2016
SPX FIB PRICE & TIME ANALYSIS Our fist chart for SPX is taking a look at some Fibonacci price & time objectives. We’ve seen this chart before: take a look at the previous post where I explain the current Fib level we have reached and how it was derived. If the market continues to lift […]
SPX Update 2016 08 28
Last update I had said “Strong and quick lift that has occurred since the end of June will need to have a correction soon to make up time.” The market was just coming up to the red-dashed s/r at that time and we can see that it has consolidated at this since. Black trend lines […]
VIX 22 04 2016
VIX remains at lows. Potential still for lower levels – watch support. W%R is at lower extremes indicating negative pressure and more down potential. Also potential for an extreme spike, technically $76.00 is possible – however there are a few other resistances to watch out for if the market starts to lift. W%R needs ot […]