Back in August-September, the broad stock market held THE critical support level it needed to; it is now testing it once again. On September 29,…
Tagged Value Line Geometric Composite
U.S. Stocks Facing Their Biggest Test In 8 Years?
Broad-based Value Line Composite testing mega-critical level. The Value Line Geometric Composite (VLG) is an unweighted average of roughly 1700 U.S. stocks. This makes it,…
Key Market Gauge Able To Hold Important Support
Just 8 days ago, we highlighted the breakdown of the Value Line Geometric Composite below its post-2009 UP trendline. And while trendlines are a dime…
Was The Most Important Line In The Equity Market Just Broken?
The post-2009 UP trendline in the broad Value Line Geometric Composite was violated today. Most technicians and chartists have what they consider their important levels…
Bull Market Dealt A Significant Blow?
In January, we wrote a post titled “Are Bears Missing The Forest For The Trees?”. The gist of it was that while there were certainly concerning…
Final Pillar Of Bull Market Showing Cracks?
We have repeated ad nauseam the litany of concerns we have regarding the longer-term fate of the U.S. stock market. These concerns include metrics pertaining…
Broad Stock Index Breaking Above 3-Decade Triple Top?
Back in July we posted a provocative chart of the Value Line Geometric Composite (VLG). The VLG is a broad index of approximately 1800 stocks…
Updating The Most Significant Chart Event Of This Era
Back on July 2, we posted a Chart Of The Day which we ridiculously titled “The Most Significant Chart Event Of This Era?”. The subject…
ChOTD-7/2/14 The Most Significant Chart Event Of This Era?
If we told you that a major broad U.S. equity index was in formation to potentially form a triple top spanning three decades, would you…