Category Archives: watchlist

SPY Probing Neckline

Things look awful dire, but I tend not to think that we fall apart immediately. Instead, we may stabilize down here shortly, and then take a weak stab at $130. If we do flush through this neckline, there’s crash potential, … Continue reading

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Get Up, Stand Up

It has been a long time coming, but I spend an enormous amount of time computing, and being seated has begun to take its toll on me. A few months ago I read an article over at Lifehacker about the … Continue reading

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Gasoline Price Inelasticity

Been watching gasoline outperform crude for months, looks like somebody else has noticed: ————– WASHINGTON, May 6 (Reuters) – U.S. Attorney General Eric Holder on Friday directed a special task force to look into whether gasoline prices are falling in … Continue reading

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Dollar Bounce

nice rebound, now watch for overhead resistance near the gap fill @ $21.50

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Update : Cliff Diving With UUP

When we last visited UUP things were looking perilous. Sure enough, a full-on swan dive has commenced. Possible exhaustion gap down tomorrow and then a temporary respite.

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