Inter-Market Pressure Curve Divergence
The Dow (according to the futures quotes that we track) closed yesterday below its alpha and beta price pressure curves around 18,070. On an intraday basis, it reached a low of 17,965 in line with the 17,950-18,000 range that we … Read More
Intraday US Markets Update
In preparation for the May 19th/20th market high, our May 18th newsletter advised our readers of the following: We should at least see a (Dow) retest of the now lower gamma level around 18125. At the time of preparing this … Read More
US Markets Turn as Forecasted
It was no surprise for our subscribers to see the US markets turn on May 19th/20th exactly as forecasted and communicated to them last week and early this week. Both the Dow and S&P reached their highs on the 19th; … Read More
Entering New Time Pressure Window!
What used to be the Dow’s upper gamma pressure curve has now become its lower curve and just in time as we enter the new time pressure window around May 19th/20th. This particular time window is typically associated with market … Read More
The Dow Has Finally Broken out of Gamma!
Sure enough, the Dow has finally managed to break out of its current gamma curve and seems to be heading towards new all-time highs! As mentioned in the previous newsletter, the key price target that we have our eyes set … Read More
Will the Dow Finally Break out of Gamma?
Yesterday, the Dow rebounded from key support levels. If it keeps that momentum, it may very well close above the 18125 gamma level soon, which would in turn trigger a bullish stance towards the all-important 18400-18500 level. There will be, … Read More
The Dow & Gamma
After poking through the 18125 gamma level on Friday, the Dow did close above 18060, which is the price level that was mentioned in the previous newsletter. However, since it could not close above the gamma level itself, it was … Read More
The Dow’s Rebound
As mentioned in the previous post, the 17770 price level was a key level for the Dow. A close below it would have triggered lower lows. However, the Dow could not close below it on May 6th and followed up with … Read More
The Markets and The Point of Clarity
Our market insight that we shared with you before the markets opened on Tuesday, May 5th, stated the following: Time-wise, yesterday/today mark an important “Point of Clarity” according to our models. Therefore, we expect the markets to start revealing their … Read More