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It felt like just about everything in the market was pulling back today. Not all pullbacks will qualify as a 'Buy the dip" candidate, but some may be setting up as a nice opportunity. Lets take a look...
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SPX - This turned down at multiple resistance areas.
Read MoreThis report will be a report on the statistics of what was reported on in the weekend report...
Read MoreIn last weeks reports, I was pointing out the things that were moving and really catching my interest. Lets review and see how things played out and what that can mean going forward.
SPX WKLY - We had a very high volume sell off & reversal this week. The last 2 stand outs had 2 different immediate reactions. Aug 2011 just went sideways for weeks, while Oct 2014 recovered strongly.
Which one is likely here, or is there another possibility? ...
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