You are here: Home1 / Exclusive Strategies
.
All eyes on Dow 20,000. It was close, but we didn't quite get there yet.
.
DJIA - I'm expecting a drop into a dcl, but the question remains, "Will we see Dow 20,000 before 2017?" It is possible, but then I think the markets experience that pull back.. Dow 19980.24 was the high Tuesday.
We do have a right translated daily cycle, so I would expect Dow 20,000 sooner or later.
Read MoreWe have one shortened week left in the trading year, and it could be a light volume week at that. Lets review what happened last week and see where we could be heading from here.
.
SPX - Though this looks like a bull flag, it also now looks ready to dip down into a dcl. The red line is the 50sma, near 2188, and would be a normal downside target. The Vix dropped very low last week, and a pull back is due.
SPX WKLY - The blue line is the 10ma on a weekly basis, at 2188. Again, a possible target for a normal healthy pull back.
Read MoreNo doubt you've seen someone in the produce section or even out in a field picking apples, strawberries, or some other food product. They usually wont just grab the first one that they see, but instead they will compare one piece of the fruit side by side with another piece of fruit. They are looking to see which one looks healthier, or possibly which one might be flawed, so that they can choose the one that is best for them or their family.
Read More
Scroll to top
