Bear Blockin’

The Semiconductor Index pretty much gave the Bear the middle finger with it’s whip-snap rally yesterday. Now the Naz is poised to follow suit with a base breakout. It’s mild distribution followed by mild accumulation. Read More …

Free Range

  Never wise to short an all time high. These kinda things can turn into melt-ups. Lack of buy volume and confirmation of leadership suggest the Bull may lack fuel to sustain these levels. Market Read More …

Balled Up

Beware the contraction in volatility. We’ve been waiting a long time for price action to break. Multiple days of accumulation built into the scene continues to suggest we’ll see a breakout. But never count out the Read More …

One Way Or Another

Coiled price action threatens to break one way or another. Odds are it’ll be North. Not much evidence of breakdown in the technicals. Monday’s low-vol rally means little. But it’s low means everything. We’re watching Read More …