March 24- Weekend Report
SPX – The SPX is near the 200sma, and this was where I said that I would begin to look for clues of a bottoming process ( long term or short term will be determined later). Will this do a quick shake out? Maybe, we are on day 29 of this daily cycle, but […]
March 23 – Fridays Trading
DJIA – The DOW was down 724, and THAT is scaring a lot of people. We have been expecting this and so far, it is what it is. At this point I am looking at us on day 27, markets can fall further, watch for support at the 200sma. It CAN BE […]
Thursday March 22
At times, subtle changes can lead to bigger changes. Yesterday some of the ‘subtle’ changes that I had mentioned in recent reports suddenly look a lot more important. Let’s discuss some FED DAY changes that may have taken place…
