April 25th – Give Me A Break

  After the 1st round of the French Elections Sunday, we saw price break through many of the trend lines that we were watching.   SPX – This chart was from the weekend report showing that trend line resistance for the SPX. And we had a break out on Monday, even if I use the […]

April 22 – Things Are Lining Up

The 1st round of the French Elections are being held on Sunday April 23, and  that may temporarily shake up the markets, but so far, things do seem to be lining up as expected in various sectors.  Let’s review …  . SPX – On April 19th we saw the SPX continue to be rejected at […]

Friday April 21st- STEEL SPARKS

If you were reading the ‘comments’ or the chat area yesterday,  there was a lot of talk about STEEL and the STEEL STOCKS, so Fridays report will discuss that area and some probable trade set ups in that area and other areas.   STEEL – We’ll start with STEEL itself. We have a weekly reversal […]