Oct 6th – Weekend Market Review

   

SPX WEEKLY #1 - I have been expecting a dip into a DCL, and likely an ICL. Last week saw the SPX drop how deep will it be?  Please read  chart #1...

And now Chart #2

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Friday October 5th

It is Friday, the last trading day of the week, so let's just do a quick review...

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SPX - Yesterday using this chart , I pointed out that the SPX was running up along the top of the B.B. with divergence and due for a daily cycle low. The Markets dropped yesterday.

QQQ - The Markets began to sell off .  We Also discussed that the General Markets were showing divergence in the RSI & MACD, Due for a dip cycle-wise, and showing a much higher number of new lows than new highs at the top here. A dip is due and seems to be starting here...

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Thursday Trading

After a quick review of the markets, we'll look at some of the stock picks in recent reports and a few new thoughts...

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