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NASDAQ - The NASDAQ has now reached the 200 sma. We are getting late in the daily cycle.
Read More When the markets get later on in there cycle counts and start to get a little choppy, it can be boring and even a little tricky. You'll see what I mean by tricky when we cover the general markets and Oil.
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SPX #1 - The SPX has hit a new high as it pushed against the 200 sma Tuesday after a brief pullback. Does that change anything? ...
SPX #2 Feb 5th - A while back I had mentioned that in the past that we saw false break outs at the 200 sma before, so that could happen again. So breaking through that 200 sma doesn't really change anything, but I'll show you why it gets a little tricky shortly.
Read MoreNot much changed in Mondays trading , but I want to discuss something in addition to a quick review and possibly a new sector perking up. Let's get right into it...
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SPX - No change here, I think that the upside on the first daily cycle has run out of steam and a dip will come before another move higher.
Read MoreLet's discuss last weeks activities and the expectations of what is likely to come...
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SPX WEEKLY - Here we see a weekly DOJI formed and it formed at the 50 week MA.
Read MoreWe have been expecting a bit of pull back in the General Markets, and it would likely start after the SPX tagged that 200sma. I am not expecting a wash out sell off, it will be more of a ' Buy the Dip' type of pull back into the first dcl, but if you want to hold on to most of your recent gains? Then at the first signs of cracks in the ice, you would certainly tighten stops or take some profits. You want to Stay Frosty for a while.
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SPX - The SPX tagged that 200sma, dropped to the 10 sma, and bounced bit into the end of the day. We are on Day 30 and I expect this to eventually back test the 50sma.
Read MoreI've been mentioning that we could start to see some short term changes , possibly as soon as Wednesday of this week. Let's take another look at the reasons on the charts...
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Read MoreNothing has really changed since the long weekend report, but I'm going to discuss why it might be time for a change. Let's begin...
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SPX Weekly #1 - This is what I have said that I have been expecting out of the first daily cycle, and now we are hitting 2 resistance zones. We May or may not be at a top, but timing wise, we are close. We will dip to a dcl soon.
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It's the last trading day of the week. Let's see if the 'Things' that have been running like a Cheetah in the markets can give us one more up day! 
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