The_Unwind

The_Unwind

Apple's stock has topped, and is rolling over. Bearish chart is glaringly obvious. KST peaked in early Dec 2024, and bearishly crossed before the final blowoff peak in the stock at 260 Support now is at 220. That looks short term shaky. Target for the move down is the prior high of 190. Buffet has been selling its enormous position in 2024 Rallies in this...

The_Unwind

Every winter in the Eastern United States, the polar vortex trade becomes the big winner in Natural Gas once the weather services identify the timing. Looking at UNG, you can see on the chart the cup basing pattern proceeding the move, and this weekend you can note the 20% upside breakout in price, as traders commit to price. The move in Natural Gas Futures...

The_Unwind

The violent US market selloff this afternoon after the Fed cut interest rates was proceeded by 9 straight days of selling in the Dow Jones Industrial Average. Yesterday I posed the observation that the 9 consecutive days selling had been a warning of something ominous and yet unknown coming soon to the market. But no, complacency reigned. The Fed would bail...

The_Unwind

Have you been paying attention to the Dow Jones Industrial Average ? Today marks the 9th Consecutive day it is down a record daily losing streak since get this,.. 1978. Lead lower by the collapse of United Healthcare, down 20 % (which I wrote to you about in my last TradingView post) traders at the mighty New York Stock Exchange are starting to get very...

The_Unwind

United Healthcare. Profits are all that matter. The health of their insured customers is simply a mirage, a means to an end. Highest amount of denied claims in the business. The exposure of this corruption,.. took a criminal act of killing another human being. This company is going down, And the sooner it goes.. the better ! THE_UNWIND WOODS OF CONNECTICUT 12/6/24

The_Unwind

Traders have always been taught to buy the rumor, sell the news. A mantra of no nonsense trading that more than often ..works When the Fed lowered interest rates in the US by .50 %, a highly expecting event, traders took the news in stride, and sold stocks. There was one fly in the ointment however. Overnight stock futures traders, began buying futures sensing...

The_Unwind

If you are looking for reasons why big money investors are selling the US stock market in September, a closer look at the Semiconductor ETF SOXL, shows that stocks in the Philadelphia Semiconductor Index have already crashed ! From a high of $70 in April 2024, this ETF was priced and trading at 25.96 on Friday. Big trouble now lies ahead if this ETF takes out...

The_Unwind

With emphasis on the possibility, a look at the charts this weekend reveals a potential micro crash thin air drop in the US stock market developing. The accompanying chart included here shows all that "thin air" below the next support of SPX 5400-5370. Also warning you here is the VIX, Volatility Fear Index, is poised to rise dramatically, if panic gets...

The_Unwind

September has often been a cruel month for the US stock market. Traders returning from the 3 day Labor Day holiday weekend, were "ambushed" by September selling as soon as the opening bell rang today. Nvidia led the market lower, losing 10 %, 279 billion dollars of market value "poofed"..lost in a single day, and the VIX soared back above 20 again. The ambush...

The_Unwind

Funny thing happened to fear today. Bears lost control to the bulls who just walked right in, when the gate was open. Note the charts included in this post. Nothing has really changed. It still looks very bearish With the over the top importance of the CPI for July in the morning, for a "guaranteed " cut in US interest rates next month, we'll see if the crowd...

The_Unwind

Panic on Monday. yet by Friday, all seemed well again in the US stock market That was the psychology, followed by price, and everyone slept better on the weekend. Yet a closer look,.. shows that the Fear Gauge known as the VIX had spiked to Pandemic Covid Level of 65 on Monday 8/5 and then spent the rest of the week retracing back to the breakout point of...

The_Unwind

No one really saw this coming A world economic slowdown at our doorstep...? Right now...? Talk about an early Halloween trick or treat. Just 48 hours ago, the Federal Reserve Bank Chairman of the United States exuded confidence that the central bank was threading the needle on both dual mandates on their charge, inflation and job growth. Well so much for...

The_Unwind

Look at the Daily S+P 500 Chart,included in this post. Then look at the KST Indicator's Bearish Crossover Same Time Period, Chart Included. These are dangerous looking snapshots of a stock market suddenly in trouble. Tech stocks, market leaders are seriously breaking down, in a rollover manner. Downside risk is accelerating. I'm not sure, most saw this coming...

The_Unwind

A gutsy trader sometimes violates the cardinal rule. Never average down. After today's melt up mania, in front of the June CPI Release on July 11, I did just that. Technical Indicator "Fast Stochastic" on the 52 Week Daily Chart for SPXS, the 3 X Short S+P 500 ETF, 7.18 Close today, shows a Fast Stochastic close at 0.66 today. That's about a close to an airtight...

The_Unwind

Enclosed is the 12 Month S+P 500 Chart, with KST Indicator nearing what could be a significant Bearish Sell Crossover,.. at Resistance, while price continues to escalate to the upside, tonight at an all time closing high of 5572.85 Long positions should be closed. Prior long recommendation closed. Profits realized. The market right now is staring at the edge of...

The_Unwind

The stock market in the US is already seriously discounting an expectation that Donald Trump will be elected President of The United States. Markets looking out 6-9 months, have already seen a move into "stimulus" Industrial stocks, the mojo of new big money government/private money commitment are starting to see accumulation. The accompanying rise in...

The_Unwind

S+P 500 Daily Violated Ascending Wedge Pattern this week, lead lower by the invincible semiconductor stocks. Record levels of bullish sentiment, and internal market breakdowns, are warning you there is big trouble brewing in the US stock market. Use any rallies to build a short position against the US stock market. There will be more on this in the coming days...

The_Unwind

Those who have been paying attention this week have recognized that the S+P 500 has violated it's Ascending Triangle Technical Pattern, on the Daily Chart with the market leading semiconductor stocks leading the selloff. I had warned you about this in my last post, if Nasdaq 100 Futures were to break 20000. When the market's strongest stocks start to finally...