Wednesday May 31- Back To Work

I spent much of Tuesday catching up on charts and various news articles that I may have missed over the long weekend.  After all was said and done, nothing has really changed in my expectations going forward. Let’s review…   SPX – After a shake out below the 50sma and recovery 8 days ago, the […]

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 […]