[EOD] SPX -
Short term island reversal. Right shoulder of a potential HS top, needs follow through. Or right shoulder of a smaller IHS bottom? or wave E-down of a bullish triangle? Interesting times. See charts.
Disclaimer: Each post is for informational purposes only. It is not a solicitation, a recommendation or advice to buy or sell any security or investment product. Information provided in each post does not constitute investment advice.
Tuesday, September 5, 2017
Thursday, August 31, 2017
Wednesday, August 30, 2017
Tuesday, August 29, 2017
Friday, August 25, 2017
MTU Weekend Ed. - Primary Trend Line Test (8/25/17)
SPX is probing the green primary trend line (Chart 1). This trend line is likely to break in coming days/weeks as the Midcap index, Russell2000, Wilshire 5000 and Transports have already broken their corresponding lines.
Thursday, August 24, 2017
Tuesday, August 22, 2017
Market Timing Update (8/22/17)
[EOD] SPX-
SPX is testing its MA50 from below, closed above it today.
See the Weekend Update for details.
SPX is testing its MA50 from below, closed above it today.
See the Weekend Update for details.
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