Professional Edition

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…

What Happens to Stocks When and If Resistance Melts

The SPX has set up a meltup channel. Cycle projections point modestly higher. Here’s what needs to happen to stop that, and what’s likely to happen, if resistance melts. 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…