Weekend Dec 2

SPX WEEKLY - Still Bullish?  Yes, quite. On a 2 year chart we see that the SPX formed an uptrend channel, and when it got a bit overenthusiastic  ( over throw), it immediately sold off and closed back inside.  Currently it has closed outside (above) that channel. This can create a steeper incline if it doesn't close back inside next week.

That can lead to more of a parabolic move, and...

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Dec 1- Buy Day Friday

Friday is the last trading day of the week, so let's just look at a couple of the important things and some possible buy opportunities.

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Nov 30 – ‘All Together Now’ – Or Not?

Well, the markets decided not to run together again, so let's take a look at the recent changes.

   

SPX -  The SPX stalled and had a heavy volume doji candle stick. This is often a top or point of indecision...

I want to remind readers of something that I wrote the other day...

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