thetechnicaltake's blog

Wouldn't it be ironic if the market put in a top on the good news that "America is back"?

In this year of outlier events, the outlier trade may be realized.

I am just waiting for someone on CNBC to utter the "R" word: resilient. When you hear that word, make sure you run for the exits.

In this holiday shortened week, there won't be much to gleam from market action.

While not there yet, the indicators are heading in the direction that one would expect to see at a market top.

The changes within the indicators are noteworthy, but there is still nothing noteworthy regarding the indicators.

The real source of America's angst is a sense that something is terribly wrong.

The Rydex market timer was buying yesterday's sell off.

There is probably greater risk of a market down draft now than in past weeks.

I want to state that equities are for renting not owning at this juncture.

What we do know is this: compressed prices can lead to explosive moves in either direction.

The news hasn't changed, but maybe the reaction to the news has. In the end, it is the same story as "the trend is your friend until it ends".

Traders are positioned for a reversal of the down trend in the Dollar Index. Watch out below if it doesn't materialize.

Jim Cramer calls a top in Treasury Bonds. So it must be.

Yesterday's mini sell off has brought out the dip buyers.