-
Red
Posts
Weekend Update…
Trying to forecast where the market is going is sometimes like forecasting the weather. It could rain on Monday or it could be a...
Friday Light Volume As Usual…
Today didn't tell me a whole lot about the market direction next week, but I'm leaning toward a down then up into Friday. I'll have...
Low Volume But Selling Instead Of Buying?
Today certain was a victory for the bears, as the bull couldn't move the market up on light volume. That's a big change from what...
Mr. TopStep Can Say It Better Then Me…
I think the video below is the clue to where this market is headed. We almost hit the 1108.30 SPX mark today, falling just short...
Light Volume Puts the Market to Sleep…
Today was real yawner! The market basically moved nowhere... and just what's in store for tomorrow? More of the same, with an upside bias. Yes...
Bears Get Crapped On Again…
Once again, light volume equals an UP market... and what an UP we had today! Only 150 millions shares traded on the spy today. Tuesday...
Weekend Update…
Sometimes following your own forecast is harder to do then writing it. I find that true this week, as I posted on last weeks' "Weekend...
UUP Halted Today…
The UUP (dollar index) was halted today as they released another 100 million shares into the market place. This caused the price to swing wildly,...
Whipsaw Galore…
Wow! Was that a wild day or what? I'm glad I wasn't day trading, as that must have slapped a lot of people silly. But,...
Stuck in the middle…
I'm not comfortable going long here, or short... yet. We are stuck in the middle between solid support at 998-1000, and huge resistance at 1100-1108. ...
