pay attention or pay the offer

It’s a four day holiday week coming up.

[Read more →]

[Read more →]

Yesterday’s update highlighted the 895 area as the price where penetration of those double net-lines would lead to further rally. I also pointed out the improvement in the modified DMX that was signalling a rally attempt. Clearing 895 this morning has produced upside follow-through. Now what? At what prices are the eMini expected to bump [...]

[Read more →]

Much of our intraday work tracks the eMini as it bounces between the various channels.

[Read more →]

The Keltner channels were very useful pinpointing resistance last week. Thursday evening’s update stated that resistance was at 920-922 and prices rallied to 923 before turning lower. Now the question is, where is the support?

[Read more →]

One of the methodologies I use it to look for penetrations of ‘net-lines’, which then ideally indicate a move to the opposite Keltner channel. We noted last spring when a buy net-line was penetrated on the weekly S&P cash index chart. It’s worth following up to show that when the S&P topped at 956, the [...]

[Read more →]

There are some pretty clear support and resistance levels as we head into tomorrow’s eMini session.

[Read more →]

That 60 net-line level mentioned earlier today proved its worth.

[Read more →]

At some point, declines do pause.

[Read more →]

Last evening I wrote,
“The 60 minute chart indicates resistance at 925 where there’s a net-line buy level in effect until 11:30 AM ET tomorrow. Any rally attempt into that area would be a great opportunity for the short side.”
The overnight high was 924.75 and the day session high this morning was 924. Prices are now [...]

[Read more →]

I’m working on the first of a series of Spiral Calendar discussion posts. They will start appearing later this week and will add a significant dimension to our analysis going forward.

[Read more →]

Is the range-bound nightmare over?

[Read more →]