Stock Market, Trade Update

spy_breadth_blogupdate

The stock indices are trading lower this morning as suggested might happen two days ago when the likely momentum low in breadth was registered. Time-wise the indices are likely near at least a short-term low.   … [Read more...]

Google and Apple: Market Profile / Auction Market Analysis

goog_2014_11_23

Apple remains in a strong bull trend. VALUE in all time frames continues to make higher highs.  Near-term support lies at 113.00.   Google is trading near the mid-point of its trading range for the past year and is below important resistance at 576.00 - 585.00 and support at 511.00 - … [Read more...]

Gold: Market Profile / Auction Market Analysis

Gold_LT_21014_11_20

Below is a long term chart of Gold. Gold is in a definitive downtrend and would need a close above 1326 to even bring into question the long term trend. I'll update the intermediate term and shorter term time frames soon.   … [Read more...]