Pro Trader Latest Reports for Subscribers

Here’s When Hints of Top Building Will Come To Fruition

The market pulled back to minor support last week. It broke an intermediate uptrend channel in the process.There are hints of major top building, with hints of a rally in the short run. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber? Try the Market…

Is It Time To Go Top Fishing?

SPX is still within its intermediate uptrend channel. Resistance is suggested just above 2400. Clearing that would open the way for a move to 2450.   But there are also faint signs of possible top formation. I’m holding the longs but adding a couple more shorts to our trading list. Market Update Pro subscribers click here to download the complete market…

Could It Finally Be The Beginning Of Top Formation?

While this little pullback could be the beginning of top formation, we’ll need to see the next couple of up and down series before we get a better handle on whether it is a bigger top. There are multiple support lines in the 2350-2365 area. Here’s what needs to happen, and where the greatest likelihood lies. Market Update Pro subscribers click…

Posts from Other Publishers

Doug Noland: Discussions on the Fed Put

Market focus this week turned to troubled healthcare legislation, with the GOP Friday pulling the vote on the repeal of Obamacare. This “Republican Catastrophe” (Drudge ran with a Hindenburg photo) provided a timely reminder that Grand Old Party control over the presidency and both houses of congress doesn’t make it any easier to come to a consensus for governing a deeply-divided country.