Large move possible
Short-Term:
Bears just missed the pink box but still have time to exceed it since we are still on the same down leg. Most of...
Bulls are getting Tired already
Short-Term:
Last week we basically went no where due to a small pullback after the FOMC. This week will likely be very similar. We are...
Pullback Should be Bought (Soon)
Short-Term:
As mentioned last week, we expected the pullback to have another leg down, which it did. On Friday, we saw a fairly large miss...
Special Update
SPX Falls 44 Points
Going Forward, I will try to do updates whenever there are major market moves.
The bottom line is today's move was very...
Special Update – SPX Down 34 Points
Quick update, we saw a little bit of a relief rally at the beginning of the week. As we expected the Greek news was...
Weekend Update
We ended last week with another relief rally as we expected. We saw a nice 25 point bounce off the lows. I think this...
Overextended
Short-term
Last week Bulls not only hit the 262 target but blew right past it. This was largely due to the realization that tax reform...
Big Move in the Next Month
Short-Term:
Last week bulls took the entire week to give the top of the range another test. This test may still be in progress, but...
Fed Rate Decision Week
Prior week’s recap:
Our title last week said it all. As we noted, the large up day on December 4th ended up being a head...
Weekend Update – All eyes on the Fed
Last week we had the bounce we were expecting early in the week. We then had a false breakout of the triangle to the...