Weekend Update…

Does the Bull get his old job back?

The market closed the month of May out, as the worst it’s seen in 70 years.  Does that mean June is going to be just as bad?  I doubt it, as I do expect a rebound to happen this month.  From what level is the . . . → Read More: Weekend Update…

Bear Funeral…

No Post For Friday Gang.  I’ll have the weekend post up by late Sunday Night, and I’ll do a video too.  Go Enjoy The Weekend.

How many bears got wiped out today?

The market rallied up today on NO news at all.  However, all the technicals did point for a possible . . . → Read More: Bear Funeral…

Sell Off, Or Gap Out…

That’s the 2 choices I see for tomorrow…

Today played out as expected, from Tuesday’s post.  The market ran up to 1090 spx, and hit a brick wall.  It gaped up to get out the falling channel on the 15 minute, but couldn’t get out the falling channel on the 60 minute chart. . . . → Read More: Sell Off, Or Gap Out…

Bull Trap, Bear Squeeze…

Hard reversal on oversold 15 minute chart…

On Monday, at the close, the 15 minute and 60 minute charts aligned up together pointing down.  That caused the massive sell off into the close and afterhours session.  Tuesday opened up with a gap down to 1040 spx, and struggle to get back higher early . . . → Read More: Bull Trap, Bear Squeeze…