Key off the Russell 2000

The key to the next directional (Initiative) move in the US stock indices is the Russell 2000. General strategy is to  favor longs above 1071 and shorts below 1071....

Stock Indices / Breadth

The stock indices should make a higher high, or a series of higher highs that continue to diverge against yesterday’s momentum peak in breadth prior to any significant retracement. The 3-day and 10-day MAs of Advancing Issues are warning of …

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. …