HCPG Blog

As crazy as this market seems it’s actually acting technically perfect IF you are trading it range-bound.   We came into yesterday telling ...

The theme of the day was the reversal of the 20SMA on daily .    Let’s take a look: Crude ( $ CL_F ) reversed on the 20SMA $ ES_F and $ S...

A good start for the bulls today as the rally is still holding (3rd time indeed was the charm) but we have tons of resistance coming right ...

We’re looking for a few possible “tells” to give us indication of when to enter for a tradable rally.  Here are some thoughts and possible ...

We felt edge-less today.  We didn’t like longs as there are no good set-ups within our strategy parameters (need more base, moves are too V...

The panic last week took us straight to the 200SMA on the monthly chart of $ SPX .   The resulting bounce took us back up to close the week...

Here’s the legend of a small sampling of international banks but interesting nevertheless: Black: Bank of Montreal ( $ BMO ), Green: TD Ba...

Some of the best articles we’re read in a long time came up this weekend.  Grab a coffee and go through these: We’re big fans of Jeremy G...

We wanted to go a bit further into how we trade futures and use the EMA.  A couple of points:   The reason we watch 3 min, 5 min, 15 min, ...

We’re deeply oversold and we feel it in our bones that the US market wants to rally (be it even a few day dead-cat bounce) but it can’t unt...

Historic range today as we are now 9% higher than the overnight low ( $ ES_F ).   The only way to interpret the close was that it was very...

As we wrote last night $ SPY had significant support at 115.2 and 113.2.   Today’s bounce came at 115.28.    Nice to be right (daytrade 1...

As we wrote last night $ SPY had significant support at 115.2 and 113.2.   Today’s bounce came at 115.28.    Nice to be right (daytrade 1...

From our newsletter this weekend: It really all started to fall apart after we broke the big 2009 trend-line that we have been talking abou...

If you’ve been a reader of our blog you know that for months our argument was to stay long/buy dip as long as the “big kahuna” March 2009 tr...

We wrote yesterday that “The bounce is no surprise — the big question is whether it’s sold or not as we re-visit the underside of the March...

The weekly bar closes on Friday meaning bulls have 2 more days to close that bar over the trend-line on $ SPY .  This would make it a head-f...

We’ve written for months about the big kahuna, the March 2009 trend-line, and how we would stay bullish until market proved otherwise with a...

We have written for months that we would buy the dip until we broke the 2009 trend-line.   Well, today we broke the 2009 trend-line.  Our la...

We wrote this AM that the 2009 trend-line was at 127.5 on the $ SPY — look where we bounced, at 127.53 with $ SPY (currently at 128.1).   ...

$ SPY is wedged right now between the descending 50SMA (where it reversed today) and ascending 200SMA (where the selling paused). As an ad...

The last time we tested the $ SPY trend-line (in June) we lifted off perfectly, ran to the top of range, but now have come  straight back d...

We give advice in our newsletters all the time and often write about what we’re thinking on our stream.   Our subscribers know our style and...

We wrote a few times about the trend-line/50SMA this morning as the first line of defense (and later as “line in sand”) this morning and lo ...

Passionate commencement address  from Gary Cohn , the Goldman Sachs ( $GS ) COO, filled with  great advice to the young graduates at America...

We wrote this afternoon  near the bottom: “This would be a pretty spot to bounce – if bulls want it, this is the place to defend ” And once ...

We tested the top of the previous range  last week at 3AM in the futures  and we finally tested it in the regular session today.   If there ...

HCPG trader screens are more or less configured in a similar fashion — emphasis is on a layout which  gives us a quick idea of what is happe...