Author Archives: David Durand

SP500 Index: You think it’s up and all is well? Think again.

Posted on January 24, 2011 by David Durand

The SP500 index gave a market timing signal the other day that is shown in my FREE tracking newsletter that was just out this morning. The little bump up in the SP500 index today does NOT void that SELL signal … Continue reading →

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Euro Attempts Breakout and Fails for Now

Posted on January 21, 2011 by David Durand

(UPDATE on 1-24-2011: Please see the comments below this post. This was a decent place to trade against the Euro, but the dollar reversed and failed support, so the trade was exited at a small loss. If you follow your … Continue reading →

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Dollar Reverses Fakeout Breakdown: Sell the Euro

Posted on January 20, 2011 by David Durand

The US dollar index just reversed the prior breakdown this morning and we’ve got a market timing signal. It does that once in a while and when it does, it can work out as a good reversal trade. The market … Continue reading →

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Don’t Hi-yo Silver (SLV) Your Metal Money Away!

Posted on January 20, 2011 by David Durand

Not using market timing when trading silver and gold is insane – unless you are content to ride out 50% drops in silver and 25% plus drops in gold. Silver and the SLV are looking a bit sick right now. … Continue reading →

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A Market Timing Signal: SP500 Index Breaks the Wedge

Posted on January 19, 2011 by David Durand

The S&P 500 index may now descend to around 1262.60 for starters. How deep this correction will go is difficult to say. My market timing prediction that the sentiment (look up my sentiment page on the feed page for 12-10-2010) … Continue reading →

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China’s Currency Threats: Take them Seriously

Posted on January 19, 2011 by David Durand

President Hu said the US is printing too much money and is the cause of global inflation. Global food inflation is at 25% for the year. Imagine how that effects those who barely get by. Our Fed is hurting those … Continue reading →

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Time for the Euro to Come Down Again

Posted on January 18, 2011 by David Durand

The US dollar index is at the base of the recent market timing range and the Euro is at the top. Time for that to reverse. Europe cannot stand having a strong currency when more than ever they need an … Continue reading →

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SP500 Index is in a Wedgey Way Again

Posted on January 18, 2011 by David Durand

There is an upward wedge on the daily chart. It is not worth buying the SP500 Index until we close above there, which tomorrow would be around 1301ish. If you want to know how to spot a wedge, go to … Continue reading →

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SP500 Index: The Third Breakout Since the Wedge

Posted on January 18, 2011 by David Durand

I just published my free SP500 Index Tracking newsletter late last night showing these 3 breakouts following the breakout above the wedge. The link to signing up for it is in the prior post. The SP500 has several support levels … Continue reading →

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SP500 Index Market Timing: Time to Buy? No. Here’s Why.

Posted on January 11, 2011 by David Durand

The SP500 has simply done a layup to the last overhead resistance. You can see it clearly on the chart in my SP500Tracker™ out this past Sunday (see link below). When a market simply goes back up to the prior … Continue reading →

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