Author Archive | Jim Wyckoff

March e-mini S&P futures daily bar chart

E-Mini S&P Futures See Familiar Price Action Recently

The March e-mini S&P futures daily bar chart shows that stiff technical resistance at the summertime high continues to turn back rallies. In fact, if there is more downside price action this week a bearish double-top reversal pattern would develop. The recent trading pattern in the e-mini S&P is that just when the bulls appear […]

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U.S. Treasury Bond Futures

U.S. Treasury Bond Futures See Solid Price Rebound

March U.S. Treasury bond futures prices have made a strong rebound from the November low and the bulls have regained the slight near-term technical advantage. Prices this week hit a three-week high and a fledgling uptrend line is now in place. The bulls have gained some near-term technical momentum to suggest that prices can continue […]

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commodity index daily

Raw Commodity Sector Still Stuck in a Major Rut

The daily bar chart for the Goldman Sachs Commodity Index (GSCI) shows the near-term technical posture for the gauge of the raw commodity sector remains bearish. It’s my bias that this major bust cycle in raw commodities is closer to ending–probably sometime in the first half of 2016. However, if the GSCI drops to a […]

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