You are here: Home1 / Exclusive Strategies
Lets see how the various market sectors continue to march toward their next big move.
SPX - Many thought that the recent sell off would recover straight up like the one on the left last October. Did you notice the back tests recently? These are acting like resistance points.
Lets look closer...
Read MoreI dont always do a Friday report, because the Thursdays report usually also covers what could follow through on Friday. Since Friday is the last trading day of the week, the weekend report covers it all. I wanted to write one today - Just Bcuz.
SPX - This could be a consolidation to push higher or could be forming a bear flag.
Yesterday it was noted that even when the markets were higher in the morning, the usual suspects were not joining in. That would be F.B., GOOG, AMZN, etc.
Read MoreMany times we hear about buying the pullback, but when the pullback comes, it may be too intimidating to pull the trigger. Did you do any buying yesterday? Lets review the market action and also discuss "Pulling The Trigger".
.
SPX - The Spx has turned back down at resistance and has been rejected at the 10sma too. Wednesday the markets reversed back up to the 10 sma. This time it may be able to push higher.
Read More
Scroll to top
