Big Move Alert

Short-Term: There was no update last week since all prior points were still applicable. Bulls are clearly weakening now, but Bears need to strike soon. We...

FOMC

Short-Term: There was no update last week since all prior points were still applicable. We saw the bounce over the last 2 weeks as we expected....

Bounce Time…

Short-Term: Last week we closed down a little over 1%. This puts us down only about 3% from the March 1 high. We are...

Neutral

Short-Term: Last week we saw a quick break above the prior weeks high, but Bulls were unable to close above that level. We are currently...

April Showers?

Short-Term: Last week we saw the test of the 232 trend line on Monday and we rallied into the end of the week. The rally...

Bears want a Red March

Short-Term: Last week went exactly as we expected. Bulls had become tired and Bears were finally able to strike. This week we should see bulls...

Bears have a Shot

Short-Term: The Bulls are starting to show signs of fatigue. They still hold a slight edge but this is the Bear's best chance to attack...