Hi Everyone Do not be concerned if you cannot find many or any decent patterns like neat flags right now.   The market is telling you something - that it's temporarily sick, so you're better to be patient, observe and allow the technical patterns to rebuild themselves.   We do not want ... [More]

Hi Everyone  Just a quick note to comment on the general market action right now.  Yesterday's rebound is a natural reaction and I wouldn't be surprised to see more wild gyrations for a few days.   What's clear is that the markets need a bit of time to settle down, but as we've see... [More]

Hi Everyone  I really hope you paid attention to my blogs last week.  If you did, you'd be in great shape this week.  Let me emphasise one thing.  There is absolutely no surprise to me about what's happened this week.   The chart patterns last week AND the OVI on the S&am... [More]

I know I don't email and blog that much, and that's because I only want to contact you when there's something important to say. If you read my email from 26 April you would have prepared yourself for the volatility that came the very next day.   Now, we can't always be right about these thing... [More]

Hi Everyone  By now you know my mantra:    "Trade What You See"  And still what we can see is a rising market with the OVI largely positive.  This generally points to a continued bullish market.   However, there are clouds on the horizon and while I continue to advo... [More]