Markets were sharply higher today as the Sellers dried up for a while. Maybe last week's decline was perceived as a "Double Bottom" or "W" pattern. That could be Bullish for a larger rally, but today's low Volume is not impressive.  Now we need to … [Read more...]

Markets were lower today as the weaker Indices were not able to bounce up at last week's Lows. The S&P 500 and NASDAQ 100 Indices made slightly lower lows, but the Small Caps & Semis did not. This was bearish, but the selling Volume was low. … [Read more...]

Markets were mixed today as the Indices are trying to hold above last week's Lows. We need to see a big bounce up soon which could be a sign of a "Double Bottom" or "W" pattern. Failing to bounce would be Bearish. Recently most of the Indices and … [Read more...]

Markets were sharply lower today as the Indices are going down to re-test last week's Lows. Yesterday the Markets got up near or above the Pink Lines (10-day avgs.), but most of the Indices were quickly back up in the Red Zones (probably too late to … [Read more...]

Markets were higher today as the Semiconductor stocks shot up over 4%. The Markets are trying to get above the Pink Lines (10-day avgs.) which shows strength. But most of the Indices are quickly back up in the Red Zones (probably too late to Buy for … [Read more...]