U.S. Stocks Ignoring Logic

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U.S. Stocks Ignoring Logic

U.S. stocks remain in strong underlying bull trends. The dominant pattern in the NASDAQ is a completed 18-month H&S failure pattern with a target of 5413.

 

U.S. Stocks Ignoring Logic - Factor Trading - Peter Brandt NASDAQ

The S&P weekly chart displays a completed 2-year rectangle with a possible target of 2411.

 

U.S. Stocks Ignoring Logic - Factor Trading - Peter Brandt S&P

I realize that these U.S. Stocks targets seem impossible for some very smart global macro traders in the Factor community. I highly respect a number of you who are extremely negative on the U.S. stock market based on your research. You may be right – I can only communicate what the charts are telling me right now. Factor is long NASDAQ futures.

 

U.S. Stocks Ignoring Logic - Factor Trading - Peter Brandt - DJIA

 

Factor Membership is available and you could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work.   Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about.  For more information watch my 30 minute webinar where we cover the Factor service in depth.

I hope you will consider joining the Factor community.
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