Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Price keeps floating higher while the indicators keep drifting lower showing negative divergence. The rising wedge, overbot stochastics and negative divergence will spank the SPX down but this week so far the Energizer Bunny keeps pushing the broad indexes higher on light volume. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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