May 29 – Weekend Report
Trading is closed in the U.S. on Monday. Here is your week in review… . SPX – This is from our Friday morning report. A week ago I mentioned that it seems that the slam down may have cleared the deck of sellers and put in a dcl. We still have had all right translated […]
Friday – The Oil Leak
Friday, the last trading day of the week. Well, honestly the Oil leak that we experienced yesterday was no surprise to most of my readers. I expected that drop and I wanted to point something out from here… WTIC – This Doji was pointed out yesterday as a topping candle. We had an […]
May 25th – Observations
Wednesday had the release of the Fed Minutes in the afternoon, and that put a reversal into the Miners sell off. Thursday has the NATGAS inventory report and we also have the OPEC meeting that could Move OIL one way or the other. These things are not unexpected, so let’s discuss some observations from the […]
