FOMC Delivers A Sobering Blow
No gas for the bulls as yesterday’s meager attempt to buy some lows was met with fierce selling today. In fact, the broader market ($SPX) closed at its lowest point…
No gas for the bulls as yesterday’s meager attempt to buy some lows was met with fierce selling today. In fact, the broader market ($SPX) closed at its lowest point…
The third trading day of the week brought the third day of losses to the major indices. From a technical standpoint it appears as though the markets will test the…
The question on every trader’s mind right now is if we will test the lows from a few weeks ago. I’d be more worried about whether or not the indices…
The $941.50 level I pointed out in the broader market (78.6% retracement) was steam rolled last week. Now, after today’s manic rally, we are back above that level. Keep in…
The $941.50 level I pointed out in the broader market (78.6% retracement) was steam rolled today. It is truly amazing how the markets aren’t even paying attention to technical levels.…
Holy Cow! Was this the day that could be considered the capitulation day that the media has been talking about? The trading ranges on Friday and Monday are some of…