Weekend Update – Another Bear Squeeze

Monday update…

Another FP showed up that Jim Hobson caught (thanks Jim).  It’s of the Russell 1000, (RIFIN) and shows a downside target of 439.63 on the daily chart.  More and more signs are telling us that something wicked is coming this way soon.

Red

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Just when you think the bears are . . . → Read More: Weekend Update – Another Bear Squeeze

Weekend Update…

Monday Update…

Not much to add, but I thought I’d just share a few feelings mainly. The charts could go either way at this point. Be careful in both directions…

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So what’s next you ask?

This coming week should be a tricky week as they will likely rally up to squeeze . . . → Read More: Weekend Update…

Weekend Update…

Monday update (for Tuesday)…

Nothing really has changed today, so I see no reason to make a new post.  The market is just waiting on the Fed’s meeting at 2:30 pm est tomorrow.  After that, we should see some volatility in the market.  Which way is anyone’s guess at this point.  I’d be afraid . . . → Read More: Weekend Update…

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…