Category Archives: Market Thoughts

One oddity that I am encountering more and more frequently is something I call Price Displacement (PD). This particular price action (p/a) is similar to stop running moves but is definitely different in nature. I believe this phenomenon is a … Continue reading →

S&P500 4-hour chart. On this chart price looks to clearly be rising from a corrective pattern — I believe a fourth wave a-b-c. If that is indeed the case, this is the last push upwards. “i” and “ii” of a … Continue reading →