Daily Archives: September 25, 2019

Yesterday’s drop did a lot of damage to the rally. Stocks rolled over after hitting resistance (red line). They also broke the bearish rising wedge formation they’ve been forming over the last month (blue lines). This is very bad news. … Continue reading

Posted on by The Phoenix | Comments Off on Warning: The Market is on VERY Thin Ice

Yesterday’s drop did a lot of damage to the rally. Stocks rolled over after hitting resistance (red line). They also broke the bearish rising wedge formation they’ve been forming over the last month (blue lines). This is very bad news. … Continue reading

Posted on by The Phoenix | Comments Off on What Are Tesla, Wayfair, Netflix, Copper, Treasuries and Fed Ex Saying About a Crash?

Yesterday’s drop did a lot of damage to the rally. Stocks rolled over after hitting resistance (red line). They also broke the bearish rising wedge formation they’ve been forming over the last month (blue lines). This is very bad news. … Continue reading

Posted on by The Phoenix | Comments Off on Buckle Up, It’s About to Get Ugly