Entries by Peter Brandt

Interesting Equity Markets

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We have an Interest Equity Markets development. The DJIA has been unable to make a new high for the past 18 months. This is also true for the S&P 500. My thinking is that a decisive new high by these two indexes confirmed by a new high in the S&P A/D is required to put the cyclic bull trend back on track.

Forex Plays

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This discussion will bring Factor members back to Jun 2017. The advance in Mar 2016 violated a multi-year parabola. Following the initial rally from the violated parabola, the market corrected in the form of a 13-month channel. The completion of this channel in Jun 2016 produced a 785 BP trading profit for the Factor Tracking Account. Another channel is forming in the C$. This is a diagonal pattern, so I am cautious. Keep in mind