You are here: Home1 / Exclusive Strategies
I am going to release this report at 1 A.M. Eastern, so by the time many wake up, the futures could be recovering, about the same, or getting worse. Did anyone in your house wake up looking like this Theme Picture when they saw the futures? This was the Midnight Eastern time view of the Futures. I got just a couple of emails. What does it mean?
Well, I'm here to say 2 things...
1. It could get a lot better or a lot worse before the Markets open with any news released before then ( Sorry for the cold comfort), but...
2. I do have what I think is some good news, so please read on ...
Read MoreTodays report is more like a progress report. By now, we all should know what we have been looking for, let's take a look and see if, One By One, we have made some progress. Spoiler alert: We have 🙂 .
SPX - We have day 34 as the low at this point,. In the morning we saw a gap down and buying brought it back above the 200smaand even above the 10sma. This was a swing low on day 2.
Read MoreI'm going to start this report with a quick view of the Markets in general, and then I have PART 2 of "What am I watching for during this correction".
SPX - Our daily cycle count is either day 35 and one more drop to come, or the low is in place and Tuesday was day 1. Another drop would be expected, it can give us the normal 'shake out' at the 200sma and shake off the early buy the dips people again. 2638.30 is the upside number to put a swing in place, but let me show you a few other charts backing up the thought that we are at least near the lows ...
Read More
Scroll to top
