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 […]
May 24th – Drop like a …
Let’s do a little review and discuss a little about a drop that I am expecting. SPX – There are times when you are expecting a pullback and suddenly you get a large 1 or 2 day slam. That can exhaust the move down, or ‘clean the plate’ of sellers for a while […]
Tuesday May 23 – Patterns Within Patterns
Please reread the weekend report for my thoughts on the markets. Mondays moves still fit the thinking that we have gone over for the past couple of weeks. In addition to the weekend report that I released, I gathered some charts of trade set ups or trade ideas that may be forming. At times we […]
