This quick analysis of the daily closure of the major US and Global indices is reserved for the subscribers of the Index Plus package of our service. . . . The update evaluates the most recent moves from the perspectives of technical analysis, candlestick formations, and Elliott Wave. . . . Our weekly and daily […]
The markets in Asian-Pacific region closed for the month, and I would like to offer an overview of their closure from the candles and technical perspectives. Monthly Candles Asian-Pacific closure was bearish. NIFTY is the most bearish with its Three Black Crows. CN, HK and ASX made solid Dark Cloud Cover combos which require confirmations. […]
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SP500 has likely extended wave (2) with a double three and has a good chance to resume the ride southbound. In this Daily analysis, I will evaluate the candles that SP500 formed on multiple frames, compare them to the candle formations in other major US indices and some Large Cap stocks. We will discuss technical […]
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This SP500 chart was first shared in September 2021, over 15 months ago and the index is yet to register an event which would flip it bullish. In this weekly analysis, I will evaluate the candles that SP500 formed on multiple frames, compare them to the candle formations in other major US indices and some […]