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The bulls failed again today, as the bears took her down into the close… We are getting pretty close to a temporary bottom now. I still think we will see at least the 100.72 spy fake print level, and even the low 990 spx area could come tomorrow… who knows? At that point . . . → Read More: Can The Bulls Get It Together? What a wonderful day today was… if you’re a bear? I certainly enjoyed it… and I don’t think it’s over yet. I see more selling tomorrow morning, as late comer’s panic and sell at the open tomorrow. Now whether we close down, or do a hard reversal like February the 5th, 2010… is . . . → Read More: More Selling Tomorrow… Monday Update… No long post today, as nothing has change. We had a another “pause” day, and anything could happen tomorrow. The 60 minute chart has now become overbought , and can rollover at anytime. The daily chart is forming a bear flag, and could drop another large red candle down as early as . . . → Read More: Weekend Update…
 348 comments  Uncategorized  DIA, DOW, SPX, spy, stock market, stock market crash, stock market forecast, Weekend Update Unemployment is tough for the bulls it seems… Today sold off again, for the 4th day in a row. Will it ever end, or has the bottom been found now? I’m not sure, as every chart I look at still seems bearish, with the exception of the 60 minute chart. Well, it’s only . . . → Read More: Did The Bulls Lose Their Jobs Too? |
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