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We've seen some selling in the markets this week, are their brighter skies on the horizon? Yes, I believe there are. Lets take a look...
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Read MoreI dont know about you, but trading on Tuesday had me feeling like my basket had some dogs in it. Is that truly the case? Lets take a look...
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SPX- CNBC was very concerned about the markets selling down today, but this chart is not bearish at this point.It keeps selling down and then being bought back, and that leads to a sideways move so far.
Read MoreNot a whole lot has changed from the weekend report, but we can still review our information and update our outlook if needed.
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SPX - This was from the weekend report. Notice that either cycle count that I had in place showed that it was late in the 1st daily cycle. We are due for a DCL and the start of the 2nd daily cycle may have already occurred on day 38 or Friday with that reversal.
So here is the SPX from Monday ...
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