Almost There

/122 Comments/in /by

Mondays trading  was a little like watching paint dry in the markets and Tuesdays wasn't a whole lot better.  You can bet that  things will pick up at all when the Feds decision on interest rates is finally handed down on Thursday,and  it's almost here.   Lets look at what we have so far.

SPX - Tuesdays move gives it the look that it wants to break higher.   If it does it may just back test of the break down.

SPX 9-15 2 Read More

A Slow Motion Run To Nowhere

/91 Comments/in /by

After watching the markets yesterday, I get the feeling that this week may be a sideways slow motion move that goes nowhere fast...until after the Fed Mtg.  Lets review some charts.

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SPX - You can see the same sideways move that has been playing out for weeks.

SPX 9-12 Read More

Tricky Track

/60 Comments/in /by

In an earlier report I asked, "Are we still on track?" It would take time to know for sure, but things are still playing out well in some areas, yet a little trickier in others. Lets look at charts.

SEPT 2 -  I pointed out this topping action and said to expect volatility, possibly even sideways for a long period of time.

20015 Topping SPX

I want to point out what I am looking for next...

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