EOM Bounce
Short-term:
Last week the SPX lost 3.94% and we are now officially in correction territory. We also lost all gains for 2018. This is actually...
Trading Ranges
Short-term:
The wedge pattern we noted in our last update panned out after a couple more pushes higher. Bears were able to hit their first...
Wedge
Short-term:
As we noted two weeks ago, there would be a 4th push higher in the current wedge pattern and we saw that last week....
Pullback
Short-term:
Last week, the Bulls made another attempt to push higher but the Bears answered right back on Friday. This leads us to believe that...
Malaise
Short-term:
Last week the Bulls did not do a good job of pushing higher. At the same time the Bears did not make any progress...
Bulls Need to Push
Short-term:
As we expected we saw a bounce and move higher over the last week or so. Bulls need to continue to push higher here...
Range Likely to Continue
Short-term:
Bulls failed last week in trying for a strong close to the week and ultimately for June. This likely means that the 5 month...