Stock Indices: ALERT!

The indices are in a critical state with the TF having printed a new low and the others holding up, though not by a lot in the YM/Dow. This sets up a Market Condition conducive to a very sharp move. …

Stock Market Update , August 15

The indices have FINALLY tipped their hand and are giving signals of an Initiative move lower. As long as the indices do not close above today’s session highs (highlighted on the chart below), the working assumption is they will continue …