Tight Range

Short-Term: Last week we saw the pullback we were expecting. This has now lead to a tight trading range. Bulls do have slight edge and...

Second Attempt

Short-Term: Last week we saw The Bulls take advantage of the lower volume into the holiday weekend with a stong breakout from the Bear Flag....

Another Leg Down Likely

Short-Term: Last week, we saw the effect of the thin air we have been talking about. The market dropped almost 2% from the high on...

Thin Air

Short-Term: Last week we saw one of the first effects that the thin air we have been talking about. On Thursday The Market reversed early...

FED Week

Short-Term: As we noted, Bulls have indeed bought themselves more time.  We hit 80% of the green target last week but we will likely still...

250?

Short-Term: Last we saw a resurgence of strength after about a month of weakness. The breakout came from yet another flag formation. Unless we see...

Range

Short-Term: Last week we treaded water a bit but Bulls were able to close strong on Friday. This increases Monday's importance. Another Strong up day...