Saturday, October 26, 2019

MTU Weekend Ed - NDX (10/25/19 close)

›
NDX makes a new all-time high. a second 13-week high?  
2 comments:
Saturday, October 19, 2019

MTU Weekend Ed. - WXY vs Triangle (10/18/19 close)

›
NDX invalidated the potential triangle we have been monitoring (red lines), SPX and INDU have not.  NDX can very well diverge from SPX to tr...
Saturday, October 12, 2019

MTU Weekend Ed. - Potential Terminal Triangle (10/11/19 close)

›
This past Friday's event-driven rally in stocks is consistent with the personality of the E-wave of a triangle.  If so, major indexes wo...
1 comment:
Saturday, October 5, 2019

MTU Weekend Ed - Triangles (10/4/19 close)

›
Once again, watch the (upward sloping) red line.   In addition, monitor the potential smaller EDT (blue) and the potential larger EDT (green...
1 comment:
Saturday, September 28, 2019

MTU Month End Ed - Red Line (9/27/19 close)

›
The red line has so far served as viable resistance against the upswing from the August low in SPX.  Note that the red line is upward slopin...
Saturday, September 21, 2019

MTU Weekend Ed. - Red Line (III) (9/20/19 close)

›
It's the red line till it's not.  SPX reacted to the red line this past week once more and closed below it.  However, the red line i...
Saturday, September 14, 2019

MTU Weekend Ed. - Red Line (II) (9/13/19 close)

›
SPX is hugging and reacting to the red line, which is sloping upward.  The Dow is closer to a new ATH than SPX.