This morning, almost on a whim (I could not remember futures being up throughout the night without selling off into the morning, for many days), I placed a market order for some (DDM: 30.68 +0.59%) . I was not able to check the markets until after 1:00 o’clock, but was reasonably happy with [...]

As the formation of triangles is typically considered to be a continuation/consolidation pattern, the easy assumption is that these will be resolved to the downside. However, my gut is bullish, and so I’m hoping they will breakout to the upside.

(DIA: 84.95 +0.72%)
Note the MACD trying to cross, and the volume decreasing as the pattern [...]

If you were ever in doubt what capitulation looks like and feels like, squirrel away the memories and feelings from the last several days.
Going forward, I view the meltdown to be similar to an earthquake, where there will likely be a few aftershocks. The markets are in no way “safe” now that we have likely seen [...]

Ten Year Weekly Chart of the Dow Jones Industrial Average. Note the trendline break (light blue).
I will be extremely worried if 7350 is blown through. The next area to watch will be 6500 (questionable), which will intersect with the trendline drawn from the 1987 crash and up through subsequent lows in 1990-1991. Should those areas fail, [...]