The small cap Russell 2000 ($RUT) is not bullish. Nuh uh. Here's the chart, updating along since originally shown. It recovered back into the wedge and then pooped out of it again. MACD bearish divergence and below zero. No, me no like. A good weekend to you. I have got a newsletter to write, s ... Read more

VIX comes to the SMA 50, all is right with the world, for now. addthis_url = location.href; addthis_title = document.title; addthis_pub = 'izzybsofit'; ... Read the full post ... Read more

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I think this is pretty cool: Geithner Summons the Blog Squad Thanks to a subscriber who sent me the link. addthis_url = location.href; addthis_title = document.title; addthis_pub = 'izzybsofit'; ... Read the full post ... Read more

Here is a most important long term sign post, the long bond and its EMA 100. Against the backdrop of the long bond's uninterrupted rise from the 1980's, Alan Greenspan was able to portray himself as the great Maestro, always at the ready with inflationary policy when the market and economy need ... Read more

Now, this is just a script drawn up in a fit of chart geek fancy, but why should I become irritated with this pig? It is simply doing what it is supposed to do if the H&S top scenario will come to be. A baby inverted H&S-like object has formed with an upside target of 1090, and this mus ... Read more

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Well, we knew the bullies would have something up their sleeve. How did we know? For one thing, the VIX went too far too soon and the megaphone shouted the news . Now, the VIX declines in an orderly manner down to the SMA 50. That level should hold or else the bear case goes poof. Interest ... Read more