Author: Jeff Pietsch

Yesterday’s strong momentum has carried over into this morning’s session.  However, thus far currency action and moderate overbought readings appear to be keeping a lid on price action.  In fact, the...

Market internals are very strong today and the SPY’s  five- and ten-day moving averages are both hooking higher with the intermediate-term downtrend line definitively broken.  In addition, new highs participation...

(Click Image to Enlarge/ ETF Rewind Glossary)Markets made gradual, albeit volatile progress last week that left the S&P 500 (SPY) higher for the first time in a month by about +1.3%.  In fact, due to muted closing...

Thank you China!  恭喜发财 /88/ 新年快乐  Just as last night provided an opportunity to take a short trade, so too did nice support at SPY S1 with a falling VIX provide a...

The three-day range contracted to a fine point around the 5-dma in triangular fashion, and finally resolved to the upside.  Note how the two converging trend-lines acted to simultaneously confirm support (bottom line) and a...

 Are you looking at more than one day’s worth of data?

After bumping its head on the falling 5-day moving average, SPY price retested yesterday’s lows near S1 and held.  Internals have subsequently become far more supportive, although price is once again struggling with...

What looked like inventory trolling / an attempted gap play found huge support at the daily pivot where strong buying took equities well past their respective five-day moving averages/ first resistance levels.  Internals...

ETF Rewind subscribers have long had the ability to derive customized relative strength models using statistics available in our nightly newsletter. By popular request, the nightly Excel spreadsheet now includes a customizable...

The majority of the a.m. session has been spent above the Volume Weighted Average Price. Speaking of which, volume is the lightest we have seen since mid-January (14th). Cumulative Tick is slowly grinding higher, suggesting...