Thursday January 26th

 

SPX JAN 24th -  Tuesday, we were expecting an upside break out, and we also viewed the DOW with a tight bollinger Band squeeze.

SPX -  Break out

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Wednesday Jan 25th

Some of our trades are running and others have paused.  We'll discuss this as we go through our market review.

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SPX - This looks like an inverse H&S and looks to be breaking out higher. The SPX and Nasdaq did hit new highs.

Let's look at the Dow Jones ( Dow 20,000?)...

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Are They Peaking or Peeking?

Is what Peeking or peaking?  Let's start with the USD-

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The USD was rejected at the 10 & 50 sma last week, but it is in the timing area for a bounce.

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