Happy 4th of July Everyone!
Half a day on Wednesday with firming action and no real change to the phases in any of the indexes or sectors. Friday, especially if follows the direction established on Wednesday, should be decisive on …
Happy 4th of July Everyone!
Half a day on Wednesday with firming action and no real change to the phases in any of the indexes or sectors. Friday, especially if follows the direction established on Wednesday, should be decisive on …
The market began to retreat from the top of the predicted range pre-holiday. But, it did not get anywhere near the low end of the anticipated range. In S&P 500, we saw the resistance near the 50 daily moving average. …
The market began to retreat from the top of the predicted range pre-holiday. But, it did not get anywhere near the low end of the anticipated range. In S&P 500, we saw the resistance near the 50 daily moving average. …
If the top of range in the S&P 500 this week is the 50 DMA, (162.50) then it stands to reason that 157.00-158.00 area should be the bottom of that range, provided that SPY does not gap above 50 DMA …
If the top of range in the S&P 500 this week is the 50 DMA, (162.50) then it stands to reason that 157.00-158.00 area should be the bottom of that range, provided that SPY does not gap above 50 DMA …
Not all too surprising, the market retreated from the 4 day rally, which followed the harder and more volume-packed 4 day decline thus ending the week in warning phases in all but the Russell 2000’s (small caps) which actually confirmed …
Not all too surprising, the market retreated from the 4 day rally, which followed the harder and more volume-packed 4 day decline thus ending the week in warning phases in all but the Russell 2000’s (small caps) which actually confirmed …
4 gaps higher on the indexes this week and although trading the system consistently, my overriding question continues to be “When does the other shoe drop?” I see a strong US Dollar (bullish phase in fact), rates dropping some from …
4 gaps higher on the indexes this week and although trading the system consistently, my overriding question continues to be “When does the other shoe drop?” I see a strong US Dollar (bullish phase in fact), rates dropping some from …