Thursday March 30
SPX – I still have concerns with the weakness internally of the XLF, so I’m watching the General Markets closely. So far we have a swing low and a move that closed above the 10sma Wednesday. Anyone long should still be using a stop as we wait for an overhead trend-line to be broken. […]
Wednesday March 29th
Here we are midweek and we have lots of changes to discuss in our review, so let’s get right to it… . SPX – I was expecting 1 of 2 things, either a deep drop into an ICL, or a shallow drop that may eventually lead to a blow off parabolic type top later. So […]
Balancing Risks
With the recent volatility in the markets, we have seen the equity markets sell off, Banking and the XLF were hit hard, Oil & Energy stocks sold down, NATGAS bottomed , and The Miners and Metals have been volatile in their own way. In this environment, we had to try to find a few trades […]
