Jeff Brown
193 posts


While everyone worries about Trump tweets I'm sitting here doing chart analysis & interpretation One stock I bought today is $FLY. It's giving a bullish Blue bar signal after a bearish shooter last week; nice confirmation of strength Far more interesting is the volume sequence: big Green, big Red, then big Green again this week Volume is super important and for anyone who pays attention you'll know that this is the same sequence $SNDK had before its BIG run (REALLY?? Yes, really) Don't say I never tell you anything, now you know. We'll see what happens...


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UPDATE As some of you know, I've been using October 1980 as a potential precedent for the current market (see video from last week, also discussed on IBD Live on Monday and Today) With today's action, I wanted to update my current thoughts...as it's possible that we've come down enough already... While in 1980, we came very close to the 50-day (something I'd been expecting for the current market), we only retraced 60% of the move. Today, we already retraced 72% of our move...but stay well above the 50-day What does this mean? Well, if today's low holds, the fact that we retraced that much of the move might be enough of a pullback that a test of the 50-day isn't needed. And of course SPY found support at its 21-day...so we have that going for us😉 Of course, Jackson Hole is a wild card...AND more importantly, this precedent just might fail...so that's why we'll throw it out if it doesn't hold. For those interested in the retracement, I've included the charts below A = 8/1/2025 B = 8/13/2025 C = today A = 9/29/1980 B = 10/16/1980 C = 10/31/1980 Stay Flexible😉🍀 I'll discuss this more on Friday's SMT & IBD Live @IBDinvestors











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Pierre LeBrun: Mitch Marner, Rasmus Andersson and Aaron Ekblad are on Dallas' radar - TSN






