This weekend we’ll discuss how the markets behaved last week, and at the end of the report, I want to also touch on daily cycle strength. Visuals may help things to stick in our minds SPX – When looking at past ICLs ( deeper meaningful lows), we can see that the dips have not […]
SO MUCH TO WRITE ABOUT, SO LITTLE TIME. Today is Friday, the last trading day of the week, so a quick review and a discussion on a few trade ideas… . 3 SPX CHARTS . SPX#1 – Thursday saw the Markets gap down, sell off, and then start to recover, so we get another ‘buy […]
SPX – ‘No Change’ from yesterdays report. Just keep riding it until a trailing stop takes you out. This can keep riding the upper line higher for a while too.
Again, not a whole lot has changed, but I am expecting some changes as we move forward. Let’s discuss our current market set ups… SPX – This looks the same as we have expected, but please notice the recent divergence. This usually calls for a pause , a sideways move, or a dip. Let’s […]
One trading day after the weekend report and expectations have not changed, except that almost everything improved, so let’s take a look… SPX – No change from our expectations
The various Market sectors acted as expected this week, so let’s take a look and see how things continue to line up in a way that we can profit from. SPX – The General Markets put in another high DCL, and we’ve discussed how the pull backs are more shallow lately and what that […]
It’s Friday, there is only one trading day left in the week, so I want to cover a couple of questions that I get from time to time in todays report. I will do a short review of a few things first, and then I will just cover everything else in greater detail in the […]
Every now and then the Markets give us a bit of a conundrum, and it takes a little extra time and meditation to get to the bottom of things. After the Fed Decision was released and I began to review the charts, I ran into that very situation. Lets discuss the markets and I will […]
Trading was going rather smoothly recently in many areas. We were trading some Biotech, Steel, Copper, and Fertilizer stocks, and TECH stocks were also acting correctly. Suddenly this week seems to have turned various areas a bit choppy. We saw some Bullish Earnings for the big Tech stocks, yet other areas became a bit shaky. […]
Did you know that this is a Fed Week? I don’t think that anyone is expecting any changes, and so far, not much has changed from the weekend report. Let’s have a quick review and discuss the Oil / Energy stock patterns too.
