Tweet By Poly     The waterfall decline I’ve been expecting has essentially now been satisfied (Red line).  The Cycle has run into the 25 day range and is more than ready to print a Daily Cycle Low.  Technically gold is oversold to the level where DCL’s have comfortably formed.  From this point forward it [...]

Tweet By Poly   I’m amazed at the markets ability to keep pushing the equity markets higher without coming up for air.  The volumes are very light and the public remain sidelined.  This move is on autopilot as the “Bots” ride the trend while the fund and money managers are afraid to be out of [...]

Tweet By Poly Earnings season is in full swing and judging by the near all-time highs of the equity markets you could be mistaken for thinking it was going well. Fact is it couldn’t be that much worse, as only 59% have beaten EPS estimates.  If this pattern continues, then it will be the weakest [...]

Tweet By Poly The Equities markets continue to operate in a vacuum, nothing appears to concern these markets.  The level of complacency and the lack of fear are astounding; any threat to the market is quickly discounted or ignored.  But the lack of retail participation and generally below average sentiment suggests that this is not [...]