cliffside
cliffside's JournalGap Patterns in Focus: What GOOGL, AAPL, and the S&P 500 Are Telling Us
https://articles.stockcharts.com/article/gap-patterns-in-focus-what-googl-aapl-sp500-are-telling-us/"The S&P 500 ($SPX) index gapped higher to finish the week at yet another new all-time high. This latest gap, while bullish on the surface, would need to be validated by some sort of follow-through next week. Otherwise, we could be faced with the dreaded gap and fail or “jump and dump” pattern.
Today, I'm going to break down how price gaps can be valuable for gauging investor sentiment, particularly the action in the days immediately following the price gap. I’ll share examples of bullish and bearish gap behavior, and then outline three charts with recent gaps that need to be validated next week...
... Will the S&P 500 Confirm a Gap and Fail Pattern?
We can also observe a clear shooting star candle pattern on the chart of the S&P 500, with the open and close near the low of Friday’s trading session. The gap on the S&P 500 is not a significant gap, such as the ones we described on the chart of ORCL, but the price action after this small gap could end up serving as an important piece of evidence going into the first full trading week of May..."
Defense Secretary and Joint Chiefs Chair Testify Before Congress - begins 10 am tomorrow
If you do not mind are these milestones based on TA? Agree about averaging in when one ...
has a good amount to invest.
As for gold it was under 300 an ounce back in 2000 when the tech bubble was nearing the top.
Hoping to spark more conversation on this topic using TA in the personal finance forum. Possible IHS pattern forming on the smaller timeframes, might not materialize, the ME conflict comes into play. 
https://www.democraticunderground.com/?com=forum&id=1121
Appreciate the reply. 
Technical Analysis of Stock Market How Bad Can This Get?
FWIW ... maybe a relief bounce ? next week ... then see where we go from there.
As Iran war drags on, food and medicine for millions is stuck in limbo
Source: WaPo
Full article at link
"DUBAI — The World Food Program says 10,000 tons of food meant for hundreds of thousands of children in Afghanistan has yet to arrive. The World Health Organization has been held up in sending a $6 million shipment of medicine to Gaza. And Save the Children warns that 90 primary health care facilities in Sudan could be left without essential supplies.
As the war in the Middle East hits the one-month mark, it has upended the global economy and caused an acute energy crisis. It has also wrought mayhem in the already battered humanitarian aid sector, which supports hundreds of millions of the world’s most vulnerable people.
.... There are currently 70,000 tons of food delayed on cargo ships, said WFP’s director of supply chain, Corinne Fleischer, who is helping devise new routes to avoid closures and backlogs. If the war continues until June, Fleischer said, WFP estimates that 45 million more people globally will face acute hunger — up from 318 million now...'
Read more: https://wapo.st/3PQBKD3
Israeli soldiers echo settler ideology, talk of revenge after targeting Palestinians and detaining CNN crew in the West
Source: CNN
"Twelve hours after Israeli settlers brutally attacked several Palestinians and established a new illegal outpost in their village, the Israeli military stepped in. But instead of detaining settlers or dismantling the illegal outpost, the soldiers targeted the Palestinian residents of Tayasir and a CNN team covering the incursion.
“Stop! Sit down! Sit down!” one of the Israelis shouted, his rifle aimed directly at us and the Palestinians we were speaking with.
Seventy-three seconds later, one of the soldiers came up from behind CNN photojournalist Cyril Theophilos and put him in a chokehold, bringing him to the ground and damaging his camera.
Within minutes, we and several Palestinians in the area were detained by the soldiers..."
Read more: https://www.cnn.com/2026/03/27/middleeast/israeli-soldiers-settler-ideology-detain-cnn-crew-latam-intl
CNN Fear and Greed index at 15 on Friday ...
https://www.cnn.com/markets/fear-and-greedClick on timeline in the upper right to see the chart and use your cursor to the numbers reached in the past year, a better bottom indicator in my opinion.
Administration to Convene 'God Squad' With Power to Override Environmental Law
Source: NYT
The meeting, planned for this month, will focus on oil and gas drilling in the Gulf of Mexico.
Full article
"The Trump administration plans to convene the so-called God Squad, a high-level federal panel that has the power to override protections under the Endangered Species Act, for a meeting related to oil and gas in the Gulf of Mexico.
The meeting, scheduled for March 31, will be the first time in three decades that the group, officially called the Endangered Species Committee, will gather.
Notice of the meeting was released on Friday and officially published in the Federal Register on Monday. The Gulf, which the administration calls the Gulf of America, is home to the critically endangered Rice’s whale, a species that exists nowhere else. According to the latest available federal estimates, around 50 of the animals remain on Earth.
Information in the notice announcing the meeting, called by Interior Secretary Doug Burgum, is sparse..."
Read more: https://www.nytimes.com/2026/03/16/climate/god-squad-whales-gulf-oil.html?unlocked_article_code=1.T1A.9y9R.qpxnQw3kabJT&smid=url-share
Sandstorm Batters Gaza, Slamming Makeshift Shelters
Source: NYT
Full article/video at link.
"A sandstorm swept across Gaza on Saturday, slamming tents and other makeshift shelters with forceful gusts in an enclave where most of the population has been displaced by war.
The storm engulfed Gaza City and Khan Younis in a dusty orange haze, according to video footage, and the local authorities warned residents to take shelter and cover themselves. Residents rushed to secure shelters and outdoor clotheslines as the gusts threatened to blow them away....
About 80 percent of the buildings in Gaza were damaged or destroyed during the war, according to the United Nations. By some estimates, two-thirds of Palestinians in Gaza are living in 1,000 displacement sites across the enclave, which are often overcrowded.
Severe weather — including bitingly cold winters and floods — has compounded the perils of displaced residents in Gaza. The conditions have forced many families into structurally unsound buildings at risk of “sudden collapse,” according to the International Committee of the Red Cross."
Read more: https://www.nytimes.com/2026/03/14/world/middleeast/sandstorm-batters-gaza.html?unlocked_article_code=1.TVA.Yzln.nfmCusyc4k-q&smid=url-share
Strikes on Iran Damage Cultural Heritage Sites, Infuriating Iranians
Source: NYT
Full article/photos at link.
"The images of renowned historic sites shattered by missiles has left many Iranians enraged. In interviews and in posts on social media, some are asking how a war waged by Israel and the United States supposedly against the Islamic republic’s government and military has ended up damaging their cultural identity and sites.
... A spokeswoman for UNESCO, the United Nations agency that seeks to protect global culture, said her organization had been able to verify damage at several World Heritage sites in Iran. They include the Golestan Palace; the Chehel Sotoun pavilion of the Persian Garden, the Masjed‑e Jameh of Isfahan, as well as on buildings located near the buffer zone of the prehistoric sites of the Khorramabad Valley.
... The strikes are damaging sites that have remained standing though history’s upheavals. They made it through centuries of different monarchs, of invasions, coups, World War II, the Islamic Revolution, an eight-year war with Iraq and waves of uprisings against the current government.
... Iran’s Red Crescent Society said Tuesday that since the start of the war on Feb. 28, almost 10,000 civilian structures had been destroyed or damaged in airstrikes. Of those, it said, 7,493 were residential; 1,617 commercial; 32 medical and pharmaceutical facilities; 65 schools and educational sites. Thirteen, it said, belonged to the Red Crescent..."
Read more: https://www.nytimes.com/2026/03/11/world/middleeast/iran-heritage-sites-damaged.html?unlocked_article_code=1.SVA._l3R.7OYvoaHJM6jo&smid=url-share
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