1-13-2016 Observations
SPX – Yesterday I was pointing out the reversal candle and we were expecting a move higher, but would it be just a bounce? SPX – We will get follow through, so traders can trade it, but at this point I do not expect a return to the Bull run. (See the weekend report for […]
1- 12 -2016 What Kind Of Bounce?
We know that sooner or later the markets will bounce, but what should we expect? A recovery or just a bounce? Lets check out the charts… . SPX- There are points of resistance to be watched along the way. Look at the Aug – Sept ‘bounce’. That first month was rather lack luster, but the […]
1-10-2016 Coming Together
As time goes by, it certainly seems like the pieces of the puzzle are coming together to reveal the Big Picture that I have been discussing for months. 2016 could be a great year for some, painful for others if this continues. Lets review. SPX WKLY . RUT – NOT VERY ENCOURAGING IF […]
