George Krum

Contributor since: 16 May 2011

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• The State of the Trend

  Published 25 September 2011 | viewed 0 times

  For weeks, we've been monitoring this chart and expecting that SPY & SPX will break down from the bear flag. That happened last Thursday: On…

• The State of the Trend

  Published 18 September 2011 | viewed 0 times

  What a difference a week makes. Last week it was all gloom and doom, and I had to caution readers about being overly pessimistic given…

• The State of the Trend

  Published 11 September 2011 | viewed 0 times

  Last week we observed that SPY and SPX are in the middle of a perfect bear flag, and cautioned to keep a close eye on…

• The State of the Trend

  Published 05 September 2011 | viewed 0 times

  Two weeks ago, the conclusion was that market internals are oversold, and there should be a bounce in the context of broken monthly, weekly and…

• The State of the Trend

  Published 21 August 2011 | viewed 0 times

  Whether markets move up, down, or sideways, market breadth goes through short-term overbought/oversold cycles. During a very strong uptrend, the market will move sideways or…

• The State of the Trend

  Published 14 August 2011 | viewed 0 times

  For the last month the focus was on two monthly charts: the SP500 and the QQQ. And the premise was that if the uptrend channel…

• The State of the Trend

  Published 07 August 2011 | viewed 0 times

  For readers of my State of the Trend series, and those who study market trends, the 140 point SP500 drop last week should come as…

• The State of the Trend

  Published 30 July 2011 | viewed 0 times

  My fear that something positive may come out of Washington and change the natural ebb and flow of the market was grossly exaggerated. If anything,…

• The State of the Trend

  Published 23 July 2011 | viewed 0 times

  Three weeks ago, I suggested paying attention to the Q's as the leading market, and watching for resistance and channel breakout. Last Friday QQQ broke…

• The State of the Trend

  Published 05 July 2011 | viewed 0 times

  Two weeks ago the prevailing sentiment was decidedly bearish, but given the close proximity of key support levels, the advice was to exercise patience and…

• The State of the Trend

  Published 25 June 2011 | viewed 0 times

  Today, I could just repeat my article from last week and be done with it. Instead, I would like to focus on one of the…

• The State of the Trend

  Published 19 June 2011 | viewed 0 times

  Opex week did little to change the outlook going forward. The daily trend continues to be down, and 1250 is still a valid target. Larger…

• The State of the Trend

  Published 11 June 2011 | viewed 0 times

  Last week the conclusion was that, given the oversold nature of the market, channel support at 1283 and 1276 will hold. The intraweek low came…

• The State of the Trend

  Published 04 June 2011 | viewed 0 times

  Last week's target band for the SPX range, based on Hurst Channels, was 1344-1355 on the upside, and 1294-1306 on the downside. The high of…

• The State of the Trend

  Published 01 June 2011 | viewed 0 times

  I mentioned on Saturday that complete monthly and trading day statistics for the whole year can be found in my book Trading the SP500. To…

• The State of the Trend

  Published 28 May 2011 | viewed 0 times

  Last week the conclusion was that the market was in a sideways phase. That might not have been completely accurate, since the SP500 lost all…

• The State of the Trend

  Published 21 May 2011 | viewed 0 times

  Last week the conclusion was that the SP500 is likely to find support in the 1320-1330 area and rebound from there. And that's exactly what…

• The State of the Trend

  Published 16 May 2011 | viewed 0 times

  In this article I'll introduce a few charts that I regularly update on my blog, and piece them together to arrive at a conclusion about…