Wednesday May 18
FOMC MINUTES RELEASED TODAY, that can affect the markets , since they seem to be at pivotal points. I have a lot to discuss for a Wednesday, so lets get right into the report… . DJIA– I usually use the SPX, but they are similar right now. POssibly dropping to the 200sma, but ‘time’ is […]
Waiting For A Sign
Patience in the markets can be rewarding and it might come in various forms. Patience is often needed to wait for a pull back to turn into a buying opportunity or a trade set up. It also might come when we are holding positions and we are waiting for price to show follow through. This […]
May 15 Weekend Report
While looking at a variety of charts for the weekend report, I started to see things give us some mixed signals about he health of various sectors. With that in mind I wanted to do something just a little different for this report. .
