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...
Large move possible
Short-Term:
Bears just missed the pink box but still have time to exceed it since we are still on the same down leg. Most of...
Range
Short-Term:
Last week we treaded water a bit but Bulls were able to close strong on Friday. This increases Monday's importance. Another Strong up day...
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...
Irrational Market
Short-term
The market is on yet another extreme Bull move. At this point the market has lost its rationality and extremes are just becoming even...
Calm Before the Fed?
Sorry for the no post last week. We were having some technical difficulties.
Short-Term:
Last week the SPX lost about 1% after the over extend rally....
Short update
Hey all, quick update this week due to unexpected travels. Luckily, almost everything we mentioned last week still stands, since we really went no...
8 More days
Short-Term:
Bears attacked almost all last week. We saw a try at the top of the downtrend line early on Monday as expected. We then...
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...
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...