Some Bulls, Some Bears Well, the last 2 days have been interesting – both positive green candles with small shadows showing conviction among traders. Notice how the 200 SMA is pulling away from the trend
ITM Update: SPY and SPYG Well, a very disappointing week, although not unexpected. Last week we saw that both SPY and SPYG, were in a consolidation phase, and we were watching for a range breakout.
A Nothing Burger? After going up steadily in January, February has been a bit of a disappointment. After making new highs on Feb 1st and 2nd, it has been trading sideways within the trading range
Is it a new bull market? Well, the ITM signal got us back into the market on January 26th, and so far it has been right if not exactly spectacular. In the six trading days
The start of a new bull market? ITM Special Update We have had the signal – the 10/200 golden cross. It’s debatable whether there is enough whitespace between the SMAs (see the arrow) but there
Is The Bear Market Dead? Well, it is certainly not looking too healthy! It looks from the chart below that though we may get a golden cross this week. That is a ‘may’. We’ve been
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