Remember the 8th of November
Last week was red all week. In fact, we currently have had 9 down days on the S&P in a row. This has not...
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...
The year of the Range
Short-Term:
Last week Bears did not break below the 211 low. This slightly increases bulls chances to at least test the top of black down...
Bear’s Must Do More
Short-Term:
Last week, as expected, Bears were able to break below 214 and that triggered the next wave of selling. We then hit our September...
Still in the Triangle
Last week, we further consolidated in the Triangle. Bears did win the week, but statistically both sides still have equal chances. We currently think...
Big Move in the Next Month
Short-Term:
Last week bulls took the entire week to give the top of the range another test. This test may still be in progress, but...
The Great Debate
Short-Term:
Last week we saw the flat to up move before the announcement and as expected the Fed held steady on FFR. We then saw...
FOMC Wednesday
Short-Term:
As we noted last week, we did see a lower low as expected. Bulls were then able bounce the market on Thursday and we...
Bear Hibernation Ending?
Short-Term:
As we noted last week, Bulls tested the upper part of the range one last time but could not go far. That now becomes...
Historically the Worst Month of the Year
Short-Term:
Last week, as expected, the market popped on a jobs report miss. We also did see another small 1-2% pullback into the July range....