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The bears broke through support today and price closed well under the 50 dma on both charts.

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We can also see that price closed off the lows of the day. That may not mean much in...

In February of last year, the selling was more intense. Volume has not been all that robust so far and the bulls have countered much of the selling, but they appear to be losing ground. Right now,...

NAAIM is now bearish in the short term. Neutral beyond the next few days unless something changes. I say this because they aren't heavily beared up. But they did get defensive now for the 2nd week in...

The bears made it 2 in a row on Wednesday as price fell back once again.

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Support at the 50 dma continues to hold. This is more or less the 3 test of support in this area. Momentum...

The back and forth action (and volatility) continued today. Price diving into the close certainly doesn't make me bullish for Wednesday.

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Not much to say about the charts. Price is...

And just like that price is back to resistance, so the volatility remains.

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Momentum may be starting to turn. Price certainly bounced hard, but volume was only so-so.

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I think it's entirely possible that the market takes off again, but I can't be absolutely sure of it. At least not just yet. I've been watching for "it's different this time", which of course is why...

Before I get into my usual post, I want to address something I said last week because I find it interesting and perhaps even instructive. When the TSP Talk survey was released last week, I said the...

I am not liking this reversal much. There have been outages among the brokerages too. Coincidence?

I'm going to be away from my computer till the weekend, so no update this evening. Watch the 50...

NAAIM came in less bullish this week, but they are still bullish. Still, the shift is not insignificant. I note that they are not shorting much, so it appears they are tempering levered long...

After today's upside follow through of Tuesday big reversal (bottom), the odds just went up that fresh highs may be coming in the days ahead.

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Both charts show price poised to...

The bears got an early jump on the bulls again today, taking price lower at the open, but the bulls didn't wait long to bottom out the selling pressure and slowly push price higher.

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The bears hit the gates running today, but the bulls countered with buying pressure by late morning into early afternoon. It was not enough. Buying pressure peaked in mid-afternoon and price fell all...

The bears won the weekly price war last week. The S&P and DWCPF both closed for losses on the week (less than 1% on the C and S funds). That's not bad at all and actually bolsters the possibility...

Profit taking continued today. It really isn't a surprise given how much the indexes had risen over the past 2 weeks or so. Of course, the question is whether it's just another buying opportunity or...

Yes, NAAIM is almost unchanged from last week. They certainly do not seemed concerned by the current bout of weakness. Sometimes we have to endure some losses to eventually move ahead. It's a bit...

Interesting comparison. Very similar to a year ago. As I've said in the past, we don't want to get complacent about the gains. Even NAAIM realizes that this party is not going to go on forever. But,...

The bears tried to take the market down today, and while they had some success it was limited. Small caps got hit hard early, but the bulls countered with buying pressure; erasing about half of the...

Given the huge gains that the S fund has had, I would expect that when any selling does happen (like now) that the losses would be healthy too. We'll get another NAAIM update tomorrow, but they were...

The market had another somewhat volatile and choppy day to start the new trading week.

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This time, the bulls came up short, but not by much. But really, some measure of a pullback...

The bulls ended Friday and the week in positive territory. The DWCPF continues to lead the way.

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It was a bit of a roller coaster on Friday, but the bulls pushed price higher by...

The market was choppy again today, but this time it manged to remain on the positive side at the close.

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Price was up only marginally on the S&P today, but fared better on the DWCPF...

The latest NAAIM reading shows that they spiked much higher again (bullish). Apparently, they see little risk to being in stocks.

The string of gains was broken to day, but not by much. Trading was up and down, often around the neutral line.

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It isn't much of a pullback, which makes me think we may have more...

The market started out the trading session on the weak side today, but the bulls fought back to bring price near to or over the neutral line over the course of the day.

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The DWCPF...