The SPX pulled back to trend support early in the week, then gathered momentum from there and broke through resistance to a new high at…
The market continued to hammer away at resistance in the 2175-80 area as indicators pulled back last week. This report covers where this pattern currently…
The frightening prospect from a bearish perspective is that the entire 1830-2130 trading range might be a base pattern. Market Update Pro subscribers click here to…
The market’s behavior last week tends to confirm that it is early in a 6 month cycle up phase, with cycle projections well above current…
The market is showing increasing signs that the 6 month cycle is probably entering an up phase. That has follow-on implications that are not positive for…
Last week’s wild gyrations on the heels of Brexit left the market in a rangebound, inconclusive pattern, but with faint hints that the next breakout…
How quickly things change in a thinned out range. The market’s rapid recovery now suggests that the 4 week cycle up phase has returned after the…
This bulletin projects the likely targets of this intermediate term top breakdown and shows why it may have longer term implications. Market Indicators Update
The market was on its way to testing the top of the range when the BREXIT vote surprised traders and the rally was truncated. But…
The market appeared ready to fall apart early last week as it plunged through multiple trendlines in the lower half of the intermediate uptrend channel.…