Sunday, November 19th, 2017

Have not seen a sell program that strikes at 12 noon or 3:00 PM all this year. I was wondering what happened to those good old fashioned sell offs? Those ugly candles and red on the screen. When the dust settles all is well and we are back at the buying table. The market clearly […]

SPX continues to grind higher. The haphazard formation of Megaphone  like pattern has clearly resolved to the upside with today’s move.  Usually these patterns are bearish in nature and lead to lower prices. The earnings season is almost over, and now the attention focuses back on the economy and Europe and other fiscal matters. What […]

The SPX definitely reversed after putting an impressive rally on Friday with a bullish engulfing candle. This was a cause of no concern as it was expected that such move was due and this could be the pullback bulls and bears may be looking for the last two weeks. RUT also drove down from the […]