Thursday, November 21, 2024

Zero Gravity

It has been a while but we decided it was a good time to drop a post. The first point I want to make is...

S&P Testing All Time High

Short-term: Bulls are still firmly in control and once again, showed some renewed strength to close out the prior week. There is also still a...

Weakening Bull Trend

Hi All! Getting back into the swing of things after a much needed break! Lets get right to it! Short-term: Bulls are currently firmly in control...

Bulls Last Stand

Short-term: Two weeks ago, we saw the bounce we expected but, the bounce was weak. Bears then got the...

Triple Bottom or Bust

Short-term: Two weeks ago we saw a nice bounce due to the dovish comments by Chair Powell that bought...

Double Bottom or Bust

Short-term: The market fell almost 4% last week posting one of the worst Thanksgiving weeks in history. This week the Bears still need to do...

Range Market Conditions

Short-term: We saw the bounce we were expecting over the last couple of weeks. We continue to be in a trading range so expect trading...

EOM Bounce

Short-term: Last week the SPX lost 3.94% and we are now officially in correction territory. We also lost all gains for 2018. This is actually...

Trading Ranges

Short-term: The wedge pattern we noted in our last update panned out after a couple more pushes higher. Bears were able to hit their first...

Wedge

Short-term: As we noted two weeks ago, there would be a 4th push higher  in the current wedge pattern and we saw that last week....