I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Friday, August 6, 2010


I am tentatively calling the end of the wave done. The action this past week is ambiguous, so there might have been a undershoot end. I would like to see the bottom side of the support line broken to confirm. But based on the divergences in momentum and the McClellan Oscillator: Hot Tamales, this wave is likely over (odds are really starting to favor it)

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