Range – but Volatility should begin to Increase
Short-Term:
So last week we did see some follow-though early in the week but the bears were able to capitalize, and we closed down about...
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...
Jobs Jobs Jobs
Short-Term:
As expected we closed the 207 gap on SPY. The bears were very strong on this down move so I expect it to have...
Still Looking…FOMC Wednesday
Short-Term:
Last week SPY made new all-time highs. However, since SPY is dividend adjusted, this new high does not necessarily count. The decisive new high...
Looking to fill the gap.
Short-Term:
We saw a nice breakout of the small range last week, however, there was little follow though. This makes a false breakout a real...
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...
Possible exhaustion and buyback blackout.
Short-Term:
Bears did not hit the pink box target last week therefore we saw another strong attack by the bulls. So by definition bulls are...