Same Old Song And Dance – So Far

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Fridays jobs report may change a few things, but so far the charts are showing the same old song and dance...

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SPX -  Not much change here (I added a Thursday candle and a Friday candle as a possibility of tagging the 50sma).Jobs report Friday may give us our directional move. Many expect this to burst higher and run, but at this point, the Vix Chart looks rather bullish.

SPX 8-31 Read More

Straight to The Top

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The theme picture is just a reminder: The markets do not usually go straight up to the top 🙂

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SPX - No change

SPX 8-30 Read More

Not Much Has Changed Here

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Monday didn't bring a whole lot of change since the weekend report, but there are  few interesting things to discuss.

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DJIA - The general markets continue the chop, and as they become oversold, the 50sma continues to rise under price as possible support.

DJIA 8-29 Read More