Tag Archives: open gaps

Please Assume Crash Positions

You know how to get into crash positions, correct? Here’s your guide: Very few punters expect a real downturn here in stocks. The reasons for confidence are many: the Fed has our back, buy the dip has worked great and … Continue reading

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Maybe Oil Goes to $70 on its Way to $40

A retrace that fills open gaps and kisses the 50-day moving average surprises everyone who was confident oil was heading straight down to $40/barrel. When the conventional media ordains oil inevitably dropping to $40/barrel, I start looking for something else … Continue reading

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