Weekend Report – Changes

It comes as no surprise that markets can evolve and change over time, so when a change appears, it is best to listen.  It may or may not amount to anything in the long run, but we take note of any changes anyway.  That said,  I have seen ‘changes’ in the markets this week in […]

Friday November 17- A Lot Going On

Today is Friday and it is the last trading day of the week, so let’s take a look at the markets and then discuss a couple more trade set up ideas.

Thursday November 16th

    SPX – The drop continues as the SPX is seeking out the next DCL. The trend line is broken and the 10sma has been lost.  I actually thought that the 25th could have been a dcl, with the trend line break and close below the 10sma, so now I am simply watching for […]