From Gravestone to Gratitude: Thanksgiving Counteroffensive Sets Stage for Santa After several weeks under the long shadow of Halloween’s gravestone doji, the market finally mounted a full-scale Thanksgiving counteroffensive. What began as defensive skirmishes turned into an organized advance, led not by the generals but this time by the troops. The iShares Russell 2000 ETF […]

Halloween Gravestone Doji IV Despite the ray of hope revealed in last week’s outlook, Halloween’s gravestone doji on the S&P 500 continues to haunt the battlefield as the S&P 500 closed below its 10-week moving average for the first time since early May. Midweek, the index fell beneath 6,550 support but found footing at minor […]

Gravestone Part III: Setting The Stage Two weeks ago, on Halloween, the S&P 500 closed the week forming a gravestone doji—a candle historically known for its ominous reputation. True to form, the market heeded that warning, delivering a bearish follow-through the following week. Yet just as the tombstone cast its shadow, a new pattern emerged […]

“From Gravestone to Dragonfly: Hope Arises from the Battlefield” Halloween’s gravestone doji was true to its reputation serving as an early epitaph for the recent rally. The tombstone trade proved fatal for the generals of the advance, while the brass commanders once again demonstrated their resilience when under heavy fire. Yet, even in the aftermath […]