This shortened trading week could be a mover in one direction or another, as a new US president is sworn in, and loads of earnings reports. The market actually withstood selling pressure last Friday quite well, considering all the bad news. These bullish candles on heavier volume could possibly signal a move higher.
A stock from last […]
The S&P 500 closed down –3.35% today, and closed below the support level I mentioned in Sundays post. This is obviously bad news for the market, and indicates lower prices could be coming up.
None of the charts I posted on Sunday triggered. Some would have made great trdes in the opposite directions. PETS for example, […]
The market is still pulling back from late December rally, and the indexes are sitting at key technical levels as we head into earnings and Options Expiration. A break of these technical levels, and we could hit the December lows and lower.
Although many are calling this a bottoming process, I am intrigued by the Elliot […]
