Friday March 2

What more can we say here on a Friday?  What I warned may happen does seem to be  happening, and more, so let’s review…   SPX  WARNING –  In the weekend report I had warned using this chart that even though the General markets cleared the 50sma, 10sma , etc-  We have seen re-tests of […]

March 1 – Choppiness

The choppiness continues,  let’s take a look at what we have. . This is a pre-market snapshot, it contains quite a bit of red so far… . SPX – The SPX broke below the 50sma & Volume increased, so this needs to be watched carefully. Yesterday I reminded readers of my weekend reports ‘lessons’ section […]

Feb 28th – Reminders

 Market chop, Pop & Drop. Let’s review the markets with an occasional reminder thrown in there too…   SPX   – These markets may eventually  “get over it” , but so far they seem to have something against the New Fed Chairman.  It could be his discussing 3-4 interest rate hike plan for 2018.  Read […]