Author: Ryan Mallory

Ten Year: Since October the 10 year has remained in a tight range and now it is testing the top of this range at 21.00 or a 2.10% yield. TNX test the top of this range on Monday and has since backed off of it. Since October...

SPY Stalling: Tuesday SPY opened up the morning down and moved right to its uptrend line at 130.60 and bounced higher for the rest of the day closing right above resistance at 131.43. Since Friday SPY has stayed right near this...

Economic Reports Due out (Times are EST): Consumer Price Index (8:30am), Housing Starts (8:30am), Jobless Claims (8:30am), Bloomberg Consumer Comfort Index (9:45am), Philadelphia Fed Survey (10am), EIA Natural Gas Report...

I’m going to be posting a lot of bullish charts today, so I’ll balance that by leading with a bearish big picture chart. That chart is of the NYA Composite, which is a very broad based index including all stocks...

Below are 90-day 60-minute market hours only charts of YM, ES, NQ & TF. Overlayed on each chart are Bollinger Bands (which are based on the 50 sma and deviations of +2.0 and -2.0), monthly Volume Profiles (red horizontal...

SPY broke out of its triangle today breaking the downtrend from the summer. The market was lead by financials as GS, BAC and MS were strong today. SPY declined in the beginning of the day but was able to hold its support level...

Economic Reports Due out (Times are EST): MBA Purchase Applications (7am), ICSC-Goldman Store Sales (7:45am), Producer Price Index (8:30am), Redbook (8:55am), Treasury International Capital (9am), Industrial Production (9:15am),...

We’ve been having a lot of days where the low has been made about 10.30 and equities then rose for the rest of the day. Yesterday broke that with a bounce that petered out and then drifted downwards until the close. That...