Entries by Peter Brandt

Stocks Keep On

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(This is an excerpt from the past weekend premium member report published last Friday morning the 1st)

S&P 500 (CME)

The S&P Index is attempting to penetrate the neckline of a 22-month continuation inverted H&S pattern. Note that a 15-week ascending triangle has been completed on the daily chart of the Dec contract. Perhaps this triangle will serve as the launching pad to complete the larger H&S configuration. Factor is long.

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Down in Latin America

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I have a greater interest in the Real than in the Peso. The weekly chart displays a massive descending triangle on the futures chart