Setting Up

We didn't really see a whole lot of change on Monday, but as mentioned in the weekend report, some areas could be setting up.  Some setting up for a run higher, others setting up for a fall. To the charts...

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SPX - No follow through yet, but I am expecting higher prices soon.

SPX 5-23 Read More

Weekend Report – Bull Cycles

In this weekend report,  I want to review the markets as usual and discuss where they are at. Things look very interesting in many ways.  I also wanted to discuss a few things about my personal view of trading around cycles. In my analysis, many are aware that I incorporate a variety of helpful techniques.  I Mainly use various forms of Technical analysis, and along with that I add Cycles, Sentiment, a little Elliot Wave and so on. In this weekend report, I  want to also briefly discuss a few things regarding Cycles and some of the trading that goes on around them. To the charts...

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SPX -  As mentioned in a prior report, for the amount of time that the SPX has rallied out of lows and moved to oversold,  it has had a mild pullback.  Not even a 38.2% retrace yet.

SPX 5-20   Read More

May 20 – Friday

Lets do a market review and then I'll discuss what will be in the weekend report.

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SPX - We've been looking at what looks like a H&S.   EVERYONE is looking at it and the group think is seldom correct, so I have to wonder if it'll play out.  The reversal could be a DCL and may be setting up for a rally back to 2100.

SPX 5-19 Read More