Tuesday August 7th
SPX – The SPX actually made a new daily cycle high on Monday. That is a peak on day 26 so far, and that leans toward being R.T. , but this also looks like it wants to continue higher. Prior highs and the upper trend line is a bit higher than current […]
AUGUST 4th Weekend Report – It Looks Very Close
In the weekend reports, we take a step back and try to look at the big picture. It looks like we are VERY CLOSE to some changes. Let’s take a look… SPX WEEKLY #1 – I have been discussing this divergence. It is not a sign of strength at the highs, though the […]
Friday August 3rd – The Employment Report
I don’t expect any big surprises with the July Employment report , scheduled to be released at 8:30 a.m. Eastern Time. It shouldn’t really affect things, but since that is the next event on deck, we’ll just have to wait and see if it does or doesn’t affect our markets. Let’s take a look at […]
