Weekend Update…

MONDAY Video Update…

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Bullish or Bearish?

While the jury is still in determining the market direction from here, I’m leaning bearish at this point.  However, I do see Monday as an UP day, but after that I think the overall week will be down.  For the upside, I don’t have anymore . . . → Read More: Weekend Update…

Is It Over Yet?

Maybe for a day or two I believe…

But the selling isn’t done completely.  While I think we will close positive tomorrow, after a morning sell off, next week should start out down.  The charts tell me that these last 3 down days were likely the start of a wave 1 move, with . . . → Read More: Is It Over Yet?

Upside Target Met?

Update for Thursday…

Put simply… possible move down at the open, and a slow grind back up in the afternoon until the close.

Red

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We hit a high of 112.37 SPY today… is that enough?

It’s hard to say yet if today’s high fulfills our 112.41 FP, but tomorrow should be . . . → Read More: Upside Target Met?

Weekend Update…

Monday Update…

No reason to another long post, as nothing much changed today.  As I said in the video’s, we are either going up to 112.41 spy or down to 107.12 spy.  It looks like we are going up first.  Once 112.41 is hit, I expect it to pull back from there and head . . . → Read More: Weekend Update…