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…

The Perfect Storm Is Just Ahead…

No Post For Friday Gang, as I’m a Happy Bear Now, and looking forward for more fun next week.  I’ll have the weekend post up by late Sunday Night.  Go Enjoy The Weekend

And Friday Could Be The Start Of  It…

From a technical point of view, a lot . . . → Read More: The Perfect Storm Is Just Ahead…

It’s Hard To Kill A Bull…

Well, it seems that small bounce up wasn’t good enough for the bulls, as they rallied back well above 50% of Friday’s sell off.  Those bulls are pesky and irritating creatures… to say the least.  But, I knew that it was possible that they’d rally it back up, as the charts were showing that . . . → Read More: It’s Hard To Kill A Bull…