The Markets are made higher Highs today, and are extremely Over-Bought. The S&P could be finishing Wave 5 up of the Trump Rally that began Nov 7th. After 5 Waves, there will normally be a correction of 1/3 to 1/2 of the Rally. We are … [Read more...]
Weekly Commentary Dec 11, 2016
12/11/2016: Markets squirted up 3% this week, right before the FED is probably going to RAISE Fed Funds Rate... Why is nobody talking about the FED? Most are Excited about the Trump Rally, and are hopeful many problems will be fixed. What … [Read more...]
Weekly Commentary Dec 4, 2016
12/4/2016: Markets were down slightly for the week, after being extremely over-bought. The S&P 500 is back up in the Red Zone on the weekly Chart above, and is also at the Top Bollinger Band from the Trump rally. Normally a … [Read more...]
Tuesday Nov 29, 2016
11/29/2016: The Markets continued to tire out from being extremely over-bought. Usually after a steep up rally like the last 3 weeks, the S&P 500 would correct down near the Pink Line, and go back up to re-test recent Highs. Then if it … [Read more...]
Monday Nov 28, 2016
S&P should bounce near the Pink Line (10-day avg.) 11/28/2016: Markets pulled back today from being extremely over-bought. The S&P 500 should be able to bounce soon around the Pink Line, and go back up to re-test recent Highs. Next … [Read more...]
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