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The market finished the day off the morning’s lows, but without much energy. Its probably normal to expect a smaller ranger day after yesterday’s heavy volume selling. The indices were oversold enough for...
Read MoreThe market finished the day off the morning’s lows, but without much energy. Its probably normal to expect a smaller ranger day after yesterday’s heavy volume selling. The indices were oversold enough for...
Read MoreA significant relative volume spike is underway as SPY tests $131. Next support is in the low to mid $130′s around the 4/18 cycle low levels. However, it has certainly been a long time since we have seen this sort of...
Read More30 minutes in today and the market’s looking over it’s shoulder at early attempts at a rally. Both TLT and VIX are red and at the bottom of the list..2 indications that the bulls may get their way, especially...
Read MoreETF Prophet is pleased and honored to introduce to its august contributing authors, Mr. Robert Hanna of Quantifiable Edges. If you are not familiar with Rob’s fine work identifying historical patterns with an edge, please...
Read MoreETF Rewind Pro The newly introduced Gaps tab had already being beefed up! See tonight’s excerpt from ETF Rewind Pro: “Speaking of which, by request, I have added a “Hold Until” feature to the Gap...
Read MoreThe ETF Rewind gap tab forecasted today’s action perfectly. Today’s gap was ranked Gap Up 5 with a 45% chance of filling and with today’s low right around Friday high. Early on buyers worried about...
Read MoreThe mega opening gap is fading, but internals are still net strong and I’m not necessarily looking for a complete close. In fact, the odds are slightly against it. That said, VIX continues to be on the rise at the mid-day...
Read MoreIn early going this morning SMH is on a tear but Volume BUZZ is muted throughout and the NYAD is clearly downslope so it’s anybody’s game at this point. TLT, GDX and VIX are all up…a bit of a conundrum but...
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