May 3 – Baskets
I dont know about you, but trading on Tuesday had me feeling like my basket had some dogs in it. Is that truly the case? Lets take a look… . SPX– CNBC was very concerned about the markets selling down today, but this chart is not bearish at this point.It keeps selling down and then […]
May 2, 2016 Update
Not a whole lot has changed from the weekend report, but we can still review our information and update our outlook if needed. . SPX – This was from the weekend report. Notice that either cycle count that I had in place showed that it was late in the 1st daily cycle. We are due […]
May 1 Weekend Report
Week after week we are seeing very good action and even fairly clear predictability in the various sectors. We have experienced some great gains in Miners, Energy, and Commodities for all of 2016. I have to keep reminding myself, and so I want to remind the readers here too, that pull backs and corrections are […]
