February 2nd – Weekend Update

   

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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FRIDAY – Still Running Like A Cheetah

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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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January 31st – Post Fed Pops

 

We had some nice action after the FOMC Decision Wednesday.  A lot of the sectors played our as expected, so lets discuss what to expect going forward too.

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SPX - The General Markets broke higher with the Fed 'No Rate Hike" Decision.  I expect a little more upside.

 

UPRO - UPRO, SOXL, TQQQ, etc are good 3x etfs for 'Fast Gains",  since this daily cycle could peak after another run higher.

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