Weekend Report June 25 – Perking Up
We have seen an increase in trade set ups and patterns following through the past couple of weeks, and it actually looks like this may continue for a while. Let’s review the markets and then we can discuss that… SPX – Fridays report – We could dip down and back test the break out. […]
Friday June 23
SPX – We are really well along in the entire intermediate cycle, so I would expect this daily to top and become L.T. and begin to drop. We are overdue for an ICL, but these markets have just been pure bullish.
Thursday June 22 – BOUNCE?
This was my IBB Weekly chart on June 20th. It is breaking out in bullish manner ( It hit 316 yesterday) and has the potential to get to 330 in a few weeks. The daily chart could back test the break out or it may just bull flag and continue higher. I will discuss […]
