Author Archives: Dr. Gary

Market Falls

The US Stock mar­ket as mea­sured by the S&P 500 e-Mini futures fell after weak­ness appeared at the recent highs.  You can learn about the recent weak­ness and how it was detected from the last two blog posts dis­cussing com­par­a­tive … Con­tinue read­ing

Weakness Appears

Last Mon­day, I posted that the Dow was lag­ging the other mar­kets and was com­par­a­tively weak. This often flags a trend change, though it can take a short while to unfold.  I men­tioned to watch for weak­ness in the Nas­daq, … Con­tinue read­ing

Time to be wary

Although the S&Ps made new all-time highs last week, the Dow did not. Wyck­off talked exten­sively about com­par­a­tive strength and com­par­a­tive weak­ness.  When related mar­kets fail to make new highs together, you need to sit up and take notice.  We … Con­tinue read­ing

Poised for a Good Move

Yes­ter­day, I noted that the 1832–28 level was likely to be strong sup­port.  The mar­ket came down to 1831.50 an hour after the US Open and set up a lovely Spring of the trad­ing range that had devel­oped in the … Con­tinue read­ing

Next up on the S&Ps

In the last post for trad­ing on Thurs­day, Feb­ru­ary 13 (click here to see that post), we sug­gested that that mar­ket could fall to 1805 to 1800 and then find sup­port. The mar­ket fell to 1802.25, found sup­port, and ral­lied … Con­tinue read­ing

Rally Dying?

Or is it just a pause? As we await another win­ter nor’easter here in south­ern New Eng­land we are try­ing to stay warm and fig­ure out what the likely next move of the mar­ket will be and how much snow we … Con­tinue read­ing

Big Morning Up

The S&P futures had a good run up this morn­ing. Just before the US Open, the mar­ket tested the overnight lows (T) and took off.  You can see the demand that came in off the US open, con­firm­ing the test … Con­tinue read­ing

The Day After A Trend Day

One of my favorite days to trade is the day after a trend day.  Yes­ter­day was a big trend day down.  Some­times, it is hard to get aboard a trend day.  Yes­ter­day, there were sev­eral oppor­tu­ni­ties to enter short, but … Con­tinue read­ing

Friday: A Stellar Trading Day

Today was one of the bet­ter trad­ing days.  The day started with a con­tin­u­a­tion of yes­ter­day afternoon’s down move.  The lows were reached just before the US open where a rise in vol­ume with lit­tle progress down fol­lowed by light … Con­tinue read­ing

The Damage

We’ve been dis­cussing the like­li­hood of a sig­nif­i­cant pull­back in Deep Prac­tice for the past sev­eral weeks. The monthly chart of the S&P cash mar­ket shows an over­bought posi­tion in the trend chan­nel. Because it is occur­ring on the monthly … Con­tinue read­ing