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…
Tagged $^VALUG
The Junkie Market: Too Many Highs And Lows?
Most market participants have probably heard of the oft-ridiculed indicator known as the “Hindenburg Omen” (HO). If you are not familiar with it, there are several…
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…
Unemployment Hits 6-Year Low; Bad News For Stocks? OK, before we get a barrage of hate mail, no, we do not think the drop in…
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…