Markets tried to rally today after dumping lower in the morning. The Indices are re-testing the February Lows. The S&P 500 Index has Support at the Feb Lows of 4115, and Buying came in at 4158 but the Volume was not high. Markets need to bounce … [Read more...]

Markets were lower again today as the Indices are re-testing the February Lows. The S&P 500 Index has Support at the Feb Lows of 4115, and needs to bounce up soon to remain Bullish. Currently all of the major Index are Below the Green Lines, but … [Read more...]

Markets were lower again today as the Indices are re-testing last week's Lows. So far all is well and the low Volume could indicate that the Selling is drying up. the S&P 500 is the only major Index that is back above the Green Line. Many are … [Read more...]

Markets were sharply higher today as the S&P 500 Index should Close above the Pink Line (10-day avg.) That can make disciplined Short Sellers buy to close out their Short positions (they were betting on a down Market). Unfortunately most of … [Read more...]

Markets were lower again today as the Indices are still correcting some of the big rally they had from the Lows of last Thursday. Currently all of the major Indices are still Below the Green Lines, so we are being cautious now. Investor FEAR is high … [Read more...]

Markets pulled back today after the DOW 30 Index needed to correct some of the 1800 point rally it had from the Lows of last Thursday. Most of the major Indices are still Below the Green Lines, so we are being cautious now. This is a very nervous and … [Read more...]