“Spinning Tops” on the Market Averages

August 26, 2016 · Posted in Uncategorized · Comment 

Call them “dojis” or “spinning tops,” but the candles that formed on the charts of the major market indices in Friday’s session are interrupted the same way, as indecisive. I’ll look at the averages in detail and on multiple time frames over the weekend.

tops

Bill Gross: This is Not Capitalism

August 26, 2016 · Posted in Uncategorized · Comment 

Here’s a link to yet another Bloomberg interview with the “Bond King.” It’s nothing knew, just another warning about an apocalyptic credit cycle implosion and the potentially irreversible damage being done to the US economy by current Federal Reserve policy.

gross

Happy Birthday!

July 4, 2016 · Posted in Uncategorized · 2 Comments 

american-flag-wallpaper

US Stocks: Still Safe to Own?

June 25, 2016 · Posted in Uncategorized · Comment 

Chart analysis and the case for recoupling by Carter Worth on Friday’s “Options Action.”

S&P Channel Test

June 23, 2016 · Posted in Daily Charts, Indices, Market Overview, Uncategorized · Comment 

Despite the false breakout earlier in the month, the subsequent pullback that took it back below its 50 day moving average, the dovish FOMC statement, and the formation of negative candles over the last several days, the S&P has returned back to penetrate the upper end of its trading channel, and there is a likelihood that if the Brexit vote goes the way of the current polling, it could see new all-time highs as early as tomorrow.

spxchannel

spxchannel22

Salute.

May 30, 2016 · Posted in Uncategorized · Comment 

salute

Happy Birthday, Richard Feynman!

May 11, 2016 · Posted in Uncategorized · Comment 

A brilliant scientist, skilled safe cracker, gifted bongo player, and friend of Tuva. He would have been 98 years old today.
Feynman_Nobel

Volatility Volume – A Major Warning From Tom McClellan

April 27, 2016 · Posted in Uncategorized · Comment 

Tom McClellan warns the surge in the iPath S&P 500 VIX ST Futures ETN (VXX) is a “double-contrary” indication in an article published on Zero Hedge.

VXXchart

Reader Requests

February 23, 2016 · Posted in Uncategorized · Comment 

Have a chart you’d like my technical take on?

Email Rob@rightviewtrading.com or “tweet” to @rightviewrob.

I’ll take a look and post on the site.

Mohamed El-Erian – Packages Up a Potential Rate Hike

December 14, 2015 · Posted in Market Overview, Uncategorized · Comment 

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