Friday The 13th ( Of May )
This is my “It’s Friday and I dont usually do reports on Friday” report. Whenever Thursdays action raises questions that can’t wait until the weekend, I do a Friday report. . SPX – This was yesterdays chart. We likely saw a DCL last Friday with the reversal at the 50sma. AS LONG AS THOSE LOWS […]
MAY 12 – Timing
After a brief market review, I want to point out something that seems to be telling me that now is the time to act. Lets begin… . SPX – Price was rejected at the upper trend line, and it dropped down to the 10sma. The Red Circle shows that shortly after prior DCLs, price did […]
It Happens
Have you ever been thrown off of a Bull? Maybe your stop was triggered only to see that stock turn and move higher. What can you do? We’ll discuss that after a quick market review. . SPX – This was my May 5th chart. I have been pointing out that the SPX ( And general […]
