Thursday May 24th
SPX #1 – We saw the break out & Bull flag. This was Bullish. SPX #2 – Here I mentioned the GAP open, and the gap may need to fill first… SPX #3 – Now we got our gap fill and then a reversal higher after the FOMC Minutes release, so …
WEDNESDAY MAY 23rd – Hump Day
REVIEW: SPX looked like a Bull Flag Last Friday, I expected a break higher. After that break higher, This is copy pasted from yesterdays report. We should expect a possible gap fill. Markets could ‘stall’ to fill that gap. SPX – The markets did move higher in the morning and then closed […]
Tuesday May 22nd
Mondays Markets… SPX MAY 18th – Last week I mentioned that we had a bull flag forming on the 10sma, so it should break higher… SPX – The General markets did break higher, but they gapped open. Toward the end of the day, they started to sell off, but they still didn’t close […]
