Wednesday, May 4, 2016

Down NOW? May 4, 2016

Too soon to say we are ready for a big drop in the US SnP?  I don't know.  Elections are not done.  It is only May 4.  It seems too soon, but the market does not care what I say.  It is going to do what it wants.  As per usual.  I don't know where it will go and neither do you.

Sunday, May 1, 2016

Nervous Nellie, May 1, 2016

How much up will the US SnP give us before failure comes?  Some. Yeah, I will go with some.

Thursday, April 28, 2016

V O L A TIL A TEEE, April 28, 2016

The US market lately is not for the weak of stomach.  I hope you are profiting from the ride!

Sunday, April 24, 2016

Love 'em and Leave 'em? April 25, 2013

The US SnP saw 2100 last week.  Was it a kiss "hello" or a kiss "goodbye?"

Thursday, April 21, 2016

Friend at the Top? April 21, 2016

Here is US SnP, made it back to 2100.  Can it find support?  Big question there!  Without support - yeeerrrrrroooooo CRASH!

Tuesday, April 19, 2016

Retrace Done? April 19, 2016

The US SnP has revisited the 2100 level today.  Is failure at this level eminent?  Will we flirt with 2100 for a few days?  Will the SnP blow past this level like it is not resistance?  I guess we shall see.

Saturday, April 16, 2016

Box Not, April 16, 2016

So far, the US SnP has not returned to the 30-60 box as of Friday.  Let's see how far the SnP can burrow into resistance on Monday.  Or, it could complete fall back into the box, or past it, or to the pit, or not.