Pullback
Short-term:
Last week, the Bulls made another attempt to push higher but the Bears answered right back on Friday. This leads us to believe that...
Malaise
Short-term:
Last week the Bulls did not do a good job of pushing higher. At the same time the Bears did not make any progress...
Bulls Need to Push
Short-term:
As we expected we saw a bounce and move higher over the last week or so. Bulls need to continue to push higher here...
Range Likely to Continue
Short-term:
Bulls failed last week in trying for a strong close to the week and ultimately for June. This likely means that the 5 month...
Key Time
Short-term:
Last week, the Bears were able to cause some weakness. however, Bulls were still buying every dip. The Bears still have time to run...
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...
Bullish Pressure Still Building
Short-term:
Currently, the market is stuck in a small trading range within the much larger longer term range. Bullish pressure continues to build and the...
Bulls Make an Attempt at a Breakout
Short-term:
It has been a busy few weeks weeks but nothing has changed in our forecast. The market is still stuck in this long range...
Another Bounce is Due but Bulls are Weakening
Short-term:
Last week, Bulls tried to break out of the 2 week range, only to fail once again near the top. Some of our bounce...
Bounce is Due
Short-term:
Bears attacked furiously last week. The S&P posted its worst weakly loss since January 2016. Bull immediately squandered their chance to regain control on...