A Morning For Focus

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I want to focus specifically on the subject that was my midday alert Monday, but first a quick market overview.

 

SPX - We looked ready to move higher, and we did, but within a possible wedge pattern.

SPX WEDGE

I took a look at the QQQ's and pointed out this...

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Smooth Sailing?

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I have been out most of the day, but when I got back to my desk, I couldnt help but notice something, so I wanted to just quickly post a short update here....

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Best Fit

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Lets review some charts and examine what possibly fits next weeks possibilities.

SPX chart from  March 11,  looking for a buy point

SPX MARCH 11

SO where does the SPX stand now?...

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