ITM BLOG

Is it a dead cat bounce? Quick answer: no. I’ve been seeing the current rally called a dead cat bounce but, while it is an amusing term, that’s not really what is going on here.

Caught in a bull trap? — and 2 day’s later update! — Oh, for the days when I was complaining that the market was boring! This one keeps throwing up surprises and not usually very

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