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. .

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 […]