Tags: bearish engulfing
Why Join A Game That's Already Been Played?
December 25th, 2012
in contributors, syndication
Friday's 120-point falloff in the Dow Industrials (and the concomitant falloff in the S&P 500) increase the likelihood that the October 5 peak will prove to be a lasting top. I've already mentioned the "rollover" pattern in the Dow and in the S&P… more »
Fasten Your Seat Belts for a Bumpy Ride
December 28th, 2011
in contributors
by William Kurtz, CandleWave LLC The Great Rally of 2009 came to an end on May 2, 2011. It was the greatest rally ever seen in the stock market. At its end, it had retraced almost 80% of the decline from the all-time market top of October 2007. The… more »
Dow Industrials, S&P 500: At a Fork in the Road
April 12th, 2011
in contributors
The author feels it seems increasingly likely that the Great Rally is over. If, as we think, it has been a countertrend move which began in March 2009, then it will be completely retraced – at the least. more »
