Weekend Update – Website is almost ready!
So making the website took longer than expected but we are almost done. I should be getting back to my posting routine shortly.
In my...
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...
Bear Attack
Prior week’s recap:
As expected we saw the bear attack last week. Bears were stuck early in the week but the push up on Tuesday...
Blow-off Continues
Short-term
Last week we saw some intraday strength from Bears with one Bearish reversal day. Even though we saw yet another new all time high...
Confusion?
Short-Term:
Last week we absolutely nailed the trade. We saw a final push up to the 241 area followed by a large move down to...
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...
Top of the Trading Range
Short-term:
Last week we hit out 278 target right on the nose. Bulls were able to push the market to the very top of the...
Bulls Must Push
Short-Term:
This week, the bulls need to follow through on the gains made last week. The momentum on a daily basis was strong so there...
Bulls Doing Well but are Still not Out of the Woods…
Short-Term:
Bulls were very strong last week again. We hit the small green target around 216, this slightly increases the chance of the breakout being...
Overbought
Short-Term:
We had a strong move last week, however we are currently very overbought, so a pullback here is due. This means if we are...