On October 5th, I closed my public blog post with this thought: On the other hand, *IF* we close below the $279-280 level near the…
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The S&P500 dipped briefly below the 50-day moving average today before staging an afternoon rally to manage a close ABOVE that important level. The 50-day…
2 CommentsAs pointed out in the month-end post for subscribers, the bulls are looking for a daily close above 2941 to open the door for a…
Leave a CommentIf you read the protected blog post regarding last Tuesday’s candlestick, the close on Friday was an indicator that the short idea against that candlestick…
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Hot knife update
On the longer term investor view of the market, the SPY tagged the bottom of the 2 year channel this morning with a price just…