Straight to The Top

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The theme picture is just a reminder: The markets do not usually go straight up to the top 🙂

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SPX - No change

SPX 8-30 Read More

Not Much Has Changed Here

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Monday didn't bring a whole lot of change since the weekend report, but there are  few interesting things to discuss.

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DJIA - The general markets continue the chop, and as they become oversold, the 50sma continues to rise under price as possible support.

DJIA 8-29 Read More

August 28 – Weekend Report

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It was a week of activity capped off with some Jackson Hole volatility. Lets take a look...

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SPX - 2 months of sideways should produce a strong trending move. A dcl could shake traders out first.

SPX 8-27

SPX WKLY - The weekly shows that we are on week 8 out of the recent lows. The prior move did top on week 10 and dip for weeks before surging and making new highs on week 17, so these markets can be tricky, even when bullishly set up.

SPX WKLY 8-27 Read More