Bears are Weakening
Short-term:
Last week we saw the pullback we were expecting. We also filled the gap to the tick. The Bears however were the weakest they...
Pullback Likely
Short-term:
Bulls finally pushed to the 280 level as we have discussed. However, so far it's, not strong enough and a pullback seems like a...
Bulls Need to Push
Short-term:
Bulls are pushing right up against the boundary of the upper trading range. This means they must quickly push to the 280 level to...
Bears Need a Win this Week
Short-term:
Last week we saw the bounce we expected and the Bulls made a fairly strong run. The rally however, is starting to weaken a...
Confusion
Short-term:
Last week we saw a lower low as expected. We also saw the Bears be very aggressive early in the week which signals that...
Monday is Key
Short-term:
So we finally saw the Blow off that we have been expecting for a few weeks. We witnessed the final Bull gasp and then...
2900?
Short-term:
We saw a few more speed bumps last week as well as some capitulation. We are also at just extreme, never before seen overbought...
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...
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...
Turbulent January?
Short-term
Last week was a low volume week as expected. However we did see a .36% decline. Much of this was due to last minute...