Category: UPDATES

Pullbacks and pauses continue to be brief and/or shallow, interrupted by brief but productive surges. Extreme sentiment persists, without yet indicating sentiment has reached an extreme. Meanwhile, assuming it remains…
Mon’s early lag resolved up. It was never heavy, only tentative, and dared not dip too deeply. Pullbacks were brief, and pauses were shallow. That’s the stuff of extreme sentiment,…

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Mon’s early lag following its rally out of gapping down was nevertheless resolved up. Pauses lasted longer, but dipped shallower, until the P.M. bias window exit’s extension, and ultimate short-squeeze…
The A.M. synthetic bias-up’s objectives for offsetting tests of the 6873 and 6891 bias-up parameters was fulfilled to within 3-6 ticks. Its upside attraction is neutralized. The 6884 P.M. bias-up…

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Overnight’s probe under 6815 and 6808 38.2% proxies met their 6802 counterpart. Just hovering down there into the open would have attracted intraday reinforcements to retest overnight lows and possibly…
Last night’s gap down neutralized another oversold RSIs whose gravitational pull had required eventual intraday retest. Those had followed Wed’s gap-up, which leaves Tue’s pre-gap 6572. Retesting last night’s lows…
Now may be a good time to mention what Zerohedge reposted soon after the talks ended: Pakistan’s Foreign Minister confirming negotiations will continue. No I don’t take that at face…