Riding The Dips

As expected, the Fed Mtg on Wednesday certainly gave us some dips to work with. We saw both strength and weakness as a result.

SPY -  This was a tough dip to ride 'real time', but the markets closed back at the highs.

SPY 10-28 Read More

Hang On Kids- Its Fed Wednesday!

What can I say here when we all know that charts could be quite different after the Fed Mtg on Wednesday? Lets just review some expectations.

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The SPX, Dow Jones and NASDAQ  have recovered nicely from the summer sell off, but a few areas have yet to catch up  (If they are going to). I showed this rather bullish looking set up yesterday, but...

IWM 10-26

Today the TRAN , IWM, and IWC  sold off nearing the close. Is it a fake sell off or is smart money heading for the exits Pre-Fed? Lets take a look...

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Ready To Run?

Not a whole lot has changed since my Weekend report. This is a week with a Fed Mtg on Wednesday, and I dont usually expect a lot of action until the deed is done.  My weekend report covered  a couple of different scenarios going into the Fed Mtg, so lets see how things played out on Monday.

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$USD -  2 left translated cycles and then a strong surge higher with news from the ECB & CHINA last week. We are pausing at resistance.  Is the USD waiting on the Fed?

USD 10-26 Read More