God Save the QuEen?
Short-Term:
Last week we did see a rally early in the week as expected, and after a small pullback we ended the week up about .3%.
This...
Still Overextended
Short-term
Last week went as expected, we saw a pullback early in the week which was subsequently quickly bought. The small pullback did not rectify...
Top of the Trading Range
Short-term:
Last week we hit out 278 target right on the nose. Bulls were able to push the market to the very top of the...
Bulls are Losing Momentum
Short-Term:
Last week we saw another push to a new high as expected. We also fulfilled the green target. The Bears however, were once again...
Bear Hibernation Ending?
Short-Term:
As we noted last week, Bulls tested the upper part of the range one last time but could not go far. That now becomes...
Santa Rally?
Prior week’s recap:
Last week went exactly as expected. We were down big on Monday and we were able to buy into a nice $ES...
Big Boys are Back
I hope everyone had a Happy New Year!
Prior week’s recap:
As expected it was another low volume holiday week. We ended up testing the 204...
FOMC and A Small Pullback Due
Short-Term:
Bulls had a decent week last week, but we did see a small pullback midweek due to the overheated conditions we noted. However, this...
Zero Gravity
It has been a while but we decided it was a good time to drop a post.
The first point I want to make is...
Climax Phase
Short-Term:
Last week we saw another bounce and yet another new all time high. This is starting to resemble climatic behavior. This week we expect...