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...