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...